Raise A Toast To Buffett's 90th Birthday With These 2 Stocks

Chairman and CEO of Berkshire Hathaway Inc (BRK-B - Free Report) turned 90 yesterday. Warren Buffett, also known as the ‘oracle of Omaha’, has inarguably been the greatest role model for investors. After all, since Berkshire Hathaway’s inception, the holding company has yielded a staggering return of more than 600%. Its shares have gained 59% over the past five-year period and are up 176% in the last 10 years.

Buffett’s primary investment style is simply entails searching for companies, which can be purchased and held for extended period of time, with long-term competitive advantages. A solid business model and the ability to record significant growth are the basic criteria for any company to come under the ambit of Buffett’s investment style. In other words, these companies have good earnings potential and are not concerned about the market recognizing its worth. These also generate plenty of cash and provide dividends, which are indicators of strong and sustainable businesses.

Such companies included the likes of well-known companies like Geico, Duracell and Dairy Queen, which have really bolstered Berkshire’s bottom line. In fact, some of Berkshire’s top holdings have seen their aggregate market value soar by billions in the last few years. And on his 90th birthday, Buffett announced that his company has acquired a stake of slightly more than 5% in five leading Japanese companies -- Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co., and Sumitomo Corp.

In fact, technology companies make up Berkshire Hathaway’s largest part of the equity investment portfolio. Financials make up Berkshire Hathaway’s second-largest investment portfolio, with The CocaCola Company (KO - Free Report) remaining one of the company’s longest-held-stocks, first purchased in 1988.

Nonetheless, as Buffet rings in his 90th birthday, let’s take a look at two stocks from his top holdings that are worth buying!

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