5 Best Long-Term Stocks To Buy According To Warren Buffett

In this article, we will discuss the 5 best long-term stocks to buy according to Warren Buffett. If you want to explore similar stocks, you can also take a look at 12 Best Long-Term Stocks To Buy According To Warren Buffett.

5. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 74

The Procter & Gamble Company (NYSE:PG) is a multinational consumer goods corporation headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, the company offers a wide range of branded consumer packaged goods globally, with operations across multiple segments, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

As of October 26, The Procter & Gamble Company (NYSE: PG) provides a quarterly dividend of $0.9407 per share, resulting in a yield of 2.51%. In fiscal Q1 2024, the company distributed $2.3 billion to shareholders in dividends. One of the best long-term stock to invest in, The Procter & Gamble Company (NYSE:PG) has a remarkable track record of increasing its dividend for 67 consecutive years.

In the second quarter of 2023, Berkshire Hathaway maintained its position in The Procter & Gamble Company (NYSE:PG) and held shares valued at over $47.8 million in the company. These holdings accounted for approximately 0.01% of Warren Buffett’s investment portfolio.

According to Insider Monkey’s second-quarter database, 74 hedge funds expressed a bullish sentiment towards The Procter & Gamble Company (NYSE:PG), compared to 75 funds in the previous quarter. Terry Smith’s Fundsmith LLP is the company’s largest stakeholder, holding 4.84 million shares valued at $735.8 million.