In this article, we explore the 13 Best Long-Term Stocks to Invest in According to Warren Buffett.
Warren Buffett’s long-term investing philosophy is rooted in patience, quality, and understanding. As he famously put it: “If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes,” and “Our favorite holding period is forever.” Time, he says, is “the friend of the wonderful business, the enemy of the mediocre.”
During the 2025 Berkshire Annual Meeting (on May 4), the investing titan cautioned against emotional reactions to market swings. He reinforced his timeless principle: “If a 15% drop rattles your confidence, you’re not investing, you’re reacting.” Emotional discipline is central.
Buffett’s stewardship of Berkshire Hathaway is evidence that this approach does work. Under his leadership from 1965 to 2023, shareholder returns achieved an average annual compound growth rate (CAGR) of about 19.8%, compared to 10.2% for the S&P 500 (with dividends). The overall cumulative return over this period is 4,384,748% for Berkshire Hathaway and 31,223% for the S&P 500.
Other seasoned investors echo Buffett’s long-term discipline. Michael Schaffer of Wells Fargo emphasizes investing only in businesses with durable competitive advantages. Jeremy Siegel, a Wharton finance professor and author of Stocks for the Long Run, advocates for passive long-term investing.
This post explores some of the names that Warren Buffett thinks fit into the long-term investing framework.
Our Methodology
To identify the 13 best long-term stocks to invest in according to Warren Buffett, we analyzed Berkshire Hathaway’s Q2 2025 13F portfolio. From the full list of holdings, we focused on companies that have been part of Berkshire’s portfolio for at least five consecutive years. We then reviewed hedge fund sentiment around these stocks using Insider Monkey’s database of Q2 2025 13F filings, which tracks the number of hedge funds holding each security. Finally, the stocks were ranked in ascending order based on the value of Berkshire Hathaway’s stake in each company.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Best Long-Term Stocks to Invest in According to Warren Buffett
13. Charter Communications, Inc. (NASDAQ:CHTR)
Berkshire Hathaway’s Investment Stake: $433,699,170
Berkshire Hathaway’s First Major Purchase: Q2 2016
Number of Hedge Fund Holders: 56
Charter Communications, Inc. (NASDAQ:CHTR) is one of the best long-term stocks to invest in according to Warren Buffett. On August 21, Wells Fargo resumed coverage of Charter Communications with an “Equal Weight” rating and set a price target of $300. Wells Fargo noted that despite tough conditions in the cable industry, Charter is the “strongest performer” among its competitors. This is due to its early and aggressive approach to its subscriber strategy, which has helped it maintain a strong market position. The company generates significant annual revenue of $55.22 billion.
Wells Fargo values Charter at an enterprise value-to-EBITDA (EV/EBITDA) ratio of 5.9x, which is higher than that of its rivals, such as Comcast’s (NASDAQ:CMCSA) Cable & Platforms business, at 5.3x. This premium is justified by Charter’s better subscriber trends and potential for EBITDA growth. The actual EV/EBITDA for Charter is 6.14x.
The analysts valued Cox, another company in the industry, at the same 5.9x EV/EBITDA multiple, resulting in an enterprise value of about $32 billion. This is slightly below the $34.5 billion mentioned in deal documentation, with Wells Fargo noting a reduction in Charter’s equity value.
Charter Communications, Inc. (NASDAQ:CHTR) is a telecommunications and mass media company. It provides broadband internet, video, mobile, and voice services to residential and commercial customers across the United States under the Spectrum brand. The company also offers advertising and news programming through Spectrum Reach and Spectrum Networks.
12. Amazon.com, Inc. (NASDAQ:AMZN)
Berkshire Hathaway’s Investment Stake: $2,193,900,000
Berkshire Hathaway’s First Major Purchase: Q1 2019
Number of Hedge Fund Holders: 335
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best long-term stocks to invest in according to Warren Buffett. On August 27, 2025, TD SYNNEX (SNX) announced a multi-year strategic collaboration with Amazon Web Services to accelerate cloud and AI adoption across North America, Latin America, and the Caribbean.
The partnership will channel investment into connecting small and mid-sized partners with AWS services, simplifying access to AWS Marketplace programs and expanding business capabilities through TD SYNNEX’s distribution network and StreamOne cloud platform.
Building on their existing collaboration in Europe, TD SYNNEX brings deep AWS expertise in areas like Migration, Education, and Cloud Operations. Initiatives such as Destination AI and the AI Accelerator Practice Builder aim to help partners modernize amid financial constraints and evolving tech demands. AWS’s Brian Bohan highlighted the alliance as a catalyst for innovation and growth across the region’s cloud and AI landscape.
Amazon.com, Inc. (NASDAQ:AMZN) is a multinational technology and e-commerce company. It operates a global online marketplace, while also providing cloud computing solutions through Amazon Web Services (AWS).
11. Mastercard Incorporated (NYSE:MA)
Berkshire Hathaway’s Investment Stake: $2,240,256,977
Berkshire Hathaway’s First Major Purchase: Q1 2011
Number of Hedge Fund Holders: 158
Mastercard Incorporated (NYSE:MA) is one of the best long-term stocks to invest in according to Warren Buffett. On August 25, the company announced a partnership with cryptocurrency exchange Gemini and blockchain company Ripple to release an XRP Edition of the Gemini Credit Card. This new card is issued by WebBank and operates on the Mastercard network.
The card allows users to earn crypto rewards in the form of XRP, the native digital currency of the XRP Ledger (XRPL). Rewards include 4% back in XRP on gas, electric vehicle charging, and rideshare; 3% back on dining; 2% back on groceries; and 1% back on other purchases. The card also offers access to discounts through the World Elite Mastercard program. Holders will not pay any annual fees and the card will function like a regular bank card. That is to say, users will be able to pay with XRP at millions of merchants worldwide, instantly converting the cryptocurrency into local currency at the time of purchase.
Mastercard Incorporated (NYSE:MA) is a financial technology company. It operates a global payments network that facilitates electronic transactions between consumers, merchants, financial institutions, and governments. The company offers credit, debit, and prepaid card solutions, as well as digital payment technologies, cybersecurity services, and data analytics, to support secure and efficient commerce worldwide.