2 No-Brainer Buffett Stocks to Buy for 2023
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Berkshire Hathaway maintains a stock portfolio worth hundreds of billions of dollars.
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Warren Buffett is widely known as one of the greatest investors of all time.
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It's not a bad idea to take a page out of Buffett's playbook.
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Buffett and his company Berkshire Hathaway have been crushing it this year.
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The company's stock is up about 3.6% this year, while the
S&P 500
index is down about 16.8%.
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Here are two no-brainer Buffett stocks to buy for 2023
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Amazon
The e-commerce and cloud giant
Amazon
(AMZN -1.44%)
saw its profits erode this year due to rising interest rates and inflation
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Bank of America
Bank of America
(BAC -1.29%)
, the second-largest bank by assets in the U.S., saw its stock sell off by about 16.1% this year
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One of the ways Berkshire has been able to do this is with its $343 billion equities portfolio in which it buys and sells stocks.
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