Warren Buffett, also known as the “Oracle of Omaha,” is one of the most influential and successful investors of all time, with a net worth of $104.10 billion. He is the chairman and CEO of a diversified holding company, Berkshire Hathaway (BRK.A) (BRK.B). He primarily follows a…
long-term value investing strategy.
Buffett primarily invests in ably managed businesses with sound dividend records and pricing power. He has accumulated a fortune through his successful investment strategy, which has guided investors for decades.
Buffett’s Berkshire Hathaway has significantly outperformed the broader market. Over the past six months, BRK.B has returned 12.2%, outpacing the broader S&P 500 index’s 3.2% gains. Also, the stock has gained 2.8% over the past year versus the S&P 500’s 17.4% decline.
Despite the inflation showing signs of cooling, the Fed indicated to keep raising interest rates and predicted the terminal rate to reach as high as 5.1% next year, higher than the September projection of 4.6%. The Fed’s hawkish stance sparked recession fears recently. With the markets expected to witness heightened volatility in the upcoming months, investors should consider top Buffett’s holdings for solid returns over the long run.
To that end, it could be wise to buy fundamentally sound Warren Buffett stocks The Procter & Gamble Company (PG), AbbVie Inc. (ABBV), Biogen Inc. (BIIB), and The Kroger Co. (KR) and hold them into the next decade.
The Procter & Gamble Company (PG)
PG provides branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. It sells its products primarily through…
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