Warren Buffett has a simple principle when it comes to picking a stock to buy. Whenever he buys a stock, he is buying it forever!
With that in mind, there are 2 stocks from the Warren Buffett's porfolio that you can also hold forver: Apple and Amazon.
Berkshire has owned a big position in Apple stock for a decade now. Although Buffett has sold some of his shares, Apple still remains one of the largest holdings in his investment company.
Data shows that Berkshire will have around 300 million Apple shares by the end of Q3. In terms of market value, that's close to $70 billion!
Just a few years ago, Buffett said Apple is the top stock in his portfolio that's better than any other business! It seems he has all the right reasons for holding the Apple stocks. Apple enjoys a loyal customer base and has managed to create an ecosystem of products.
Another thing that is in favor of Apple is that it offers premium products and generates higher margins. That's why, in 2024, Apple had a net profit of $93 billion!
Next up is Amazon (AMZN), with Buffett owning 10 million shares of the company. The company has emerged as a leader in e-commerce and cloud computing.
To give you some perspective, the market share of Amazon in e-commerce is 6x its next closest competition!
However, it seems that consumer spending has taken a hit, which could be negative for Amazon. But despite this, Amazon has shown high growth which shows its resilience.
Amazon made $50 billion in net income last year because of its successful cloud growth and new cost-cutting initiatives. Its ongoing investments in AI capabilities and new fulfillment centers demonstrate that there are still a ton of chances to expand and pay off Amazon investors for many years to come.