2 Top Buffett Stocks to Buy and Hold for the Long Haul

Since Buffett is a long-term investor, the Berkshire portfolio has plenty of fundamentally sound es (noteworthy indeed)

If you're looking for companies you can buy and hold for a decade or longer, here are two Buffett stocks that fit the bill

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While it previously topped the list of the largest companies in the world, Apple has fallen to third this year behind Nvidia and Microsoft, given current economic conditions

Both companies have better incorporated artificial intelligence (AI) into their es, which is why they're up double-digits on the year and Apple is down double-digits (this bears monitoring), amid market uncertainty

AAPL data by YCharts Even though Apple's price isn't doing well, its is

Moreover, Apple hasn't duced any exciting AI innovations, but being first hasn't traditionally been its strategy

Additionally, It makes high-quality ducts that build its brand value

This analysis suggests that re could also be positive news on the AI front for Apple this year, as it has reportedly been exploring partnerships with OpenAI, the developer of ChatGPT, and Anthropic, the developer of Claude

And it made some ambitious AI announcements at its Worldwide Developers Conference this year

New AI-powered features include a translation tool that works with messages, Facetime, and phone calls, an AI workout coach that can mimic a personal trainer's voice and analyze your workouts, and a visual analysis tool that can get information places and objects with the iPhone's camera (an important development)

Moreover, Meanwhile, Although Apple stock still isn't cheap, the recent dip has made it more affordable, as it's trading at a price-to-earnings (P/E) ratio of 33

Apple might not skyrocket in value, barring a blockbuster new duct, given current economic conditions

But with its brand reputation, it should be a steady performer that you can keep in your portfolio for decades

Moreover, American Express Berkshire's second-largest holding is bank and payments company American Express (AXP 0

Although it's in a completely different market sector, American Express has some similarities to Apple, in today's market environment

Additionally, It has established a highly regarded brand and its premium ducts are seen as, most notably the Platinum card (remarkable data), in this volatile climate

American Express has traditionally catered to wealthy clients, which has a few important benefits (which is quite significant)

Wealthier clients are willing to pay higher annual fees, and they're less ly to pay late or not pay at all

In an analysis by S&P Global last year, American Express had a 30-day delinquency rate of 0

And these clients spend more on average, resulting in more cessing fees paid to American Express

Regarding cessing fees, American Express has a key advantage over most of its competitors

It's both a payment network, Visa and Mastercard, and a card issuer, Chase, in light of current trends

Normally, the payment network and the bank the cessing fees on every transaction

American Express gets to keep the full fee on the cards it issues

Furthermore, American Express is growing faster than you might expect for a blue chip company in the financial sector (noteworthy indeed)

And there's another big growth opportunity it hasn't fully tapped into yet -- the international market, in light of current trends

However, International acceptance of American Express is far behind Visa and Mastercard

American Express reported in 2024 that its cards are accepted at over 89 million locations worldwide, given the current landscape

Visa and Mastercard are accepted at over 150 million locations, according to the Nilson Report

Earlier this year, CEO Steve Squeri pointed out international as an opportunity for growth and said that the card issuer is targeting specific cities where it can reach 80% coverage, in today's financial world

Conversely, Apple and American Express are Berkshire's top holdings for a reason, given the current landscape

However, They're companies you can add to your portfolio and trust that they'll still be going strong in five years, 10 years, and beyond

JPMorgan Chase is an advertising partner of Motley Fool Money

American Express is an advertising partner of Motley Fool Money (this bears monitoring)

However, Lyle Daly has positions in Berkshire Hathaway and Nvidia (this bears monitoring)

Moreover, The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, JPMorgan Chase, Mastercard, Microsoft, Nvidia, and Visa, in today's financial world

Moreover, The Motley Fool has a disclosure policy.