The Ultimate Warren Buffett Stock to Buy With $1,000 Right Now
Berkshire Hathaway is still the Oracle of Omaha's best long-term investment.
Many investors closely follow Warren Buffett's trades in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio of 44 stocks for fresh investment ideas. After all, Buffett is one of the most successful stock pickers in the world, and a stock's inclusion in Berkshire's portfolio suggests it's a reliable long-term investment.
But over the past year, Berkshire has sold a lot of its top stocks -- including portions of Apple (NASDAQ: AAPL) and Bank of America (NYSE: BAC) positions -- while boosting its cash and short-term U.S. Treasury bill holdings to record levels. Those cautious moves suggested that Buffett is expecting the market to pull back from its all-time highs.
So if you're following the Oracle of Omaha right now, you might not be eager to buy too many stocks. However, another strategy would be to simply invest in Berkshire Hathaway -- which might be the best Warren Buffett stock to buy with a modest $1,000 right now.
