3 Top Buffett Stocks to Buy and Hold for the Next 20 Years

Berkshire held a banal portfolio worthy $271 cardinal astatine the extremity of 2024. Three Fool.com contributors combed done the holdings and selected 1 banal each that would beryllium a large concern for the adjacent 20 years. They picked Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Domino's Pizza (NASDAQ: DPZ). Here's why.

Jennifer Saibil (Amazon): Amazon is simply a surefire banal for maturation implicit the adjacent 20 years arsenic it dominates 2 high-growth sectors. It has nary lucifer successful e-commerce, wherever it controls astir 40% of the marketplace successful the U.S. E-commerce is expected to proceed increasing arsenic a percent of retail sales, and Amazon is investing to support its apical presumption and seizure marketplace share.

It's ever adding caller brands and products to its website, expanding its assortment and raising its cachet, similar Estee Lauder and Armani Beauty successful 2024. It besides continues to rise its ain barroom successful transportation velocity and outgo efficiency. It wholly overhauled its organisation web a fewer years agone to scope much geographic areas faster, and present it's changing its inbound web to support the travel of merchandise moving and go much efficient.

Investors, however, are fixated connected Amazon's artificial quality (AI) opportunities. The institution was an aboriginal entrant into generative AI, and it offers a immense assortment of tools for clients of Amazon Web Services (AWS).

It has 3 levels of services, which see developer services for clients to make their ain customized instauration models, the Bedrock strategy for elemental semi-custom solutions, and galore cheaper turnkey solutions for smaller businesses. It releases caller upgrades and features connected a regular ground and much often than competitors, and though it offers Nvidia's chips for its users, it's creating its ain enactment of businesslike chips for clients who request fund options.

AI is already a multibillion-dollar business, and it's generating greater involvement successful AWS from clients who privation to research generative AI. AWS income maturation had been slowing, but it's accelerating again and was Amazon's highest-growth conception successful 2024's 4th quarter, up 19% twelvemonth implicit year.

The banal is down 26% from caller highs and trades astatine a price-to-earnings ratio (P/E) of 35, which is adjacent its lowest level successful much than a decade. Now is an fantabulous clip to bargain shares of this everlastingly Buffett stock.