2 Top Buffett Stocks to Buy and Hold for the Long Haul
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If you're looking for good long-term stocks, the Berkshire Hathaway portfolio holdings are generally a good place to start.Warren Buffett had more hits than misses during his illustrious career.
The Berkshire Hathaway portfolio returned an average of 20% per year during his 60-year run as CEO. One of Buffett's biggest hits is Apple, which he bought at a split-adjusted price of around $24 per share in 2016. It's now at $280 per share. Another is American Express, which he acquired at a split-adjusted price of around $6 per share in 1991. It is now at $357 per share. Image source: The Motley Fool. These are currently the two largest positions in the Berkshire portfolio. Looking 10 years out or longer, what Berkshire stocks will be the ones to hold for the long haul? Here are two good options. 1. Heico Buffett added Heico (HEI +0.27%) to the Berkshire Hathaway portfolio in mid-2024, and its stock price has risen about 50% since then. Over the past 10 years, it has averaged a 28.2% annualized return, which is better than Apple, Alphabet (GOOG 1.78%) (GOOGL 1.77%), and Amazon. Heico is not only the largest provider of parts for jet engines. It also has a wide competitive moat. It's one of a just a few suppliers that have obtained Parts Manufacturer Approval (PMA) status from the Federal Aviation Administration (FAA). It has about a 50% share of the PMA market. It is able to maintain that share by competitive pricing. Its prices are some 30% to 40% lower than original equipment manufacturers' (OEM) because it's able to reverse engineer the parts without doing the same costly research and development. ExpandNYSE: HEIHeicoToday's Change(0.27%) $0.87Current Price$323.36Key Data PointsMarket Cap$45BDay's Range$320.25 - $325.0052wk Range$216.68 - $361.69Volume309KAvg Vol435KGross Margin42.53%Dividend Yield0.07% It has more approved parts than anyone else, and a spotless safety record, which has built trust. This durable advantage should allow Heico to protect its moat for years to come. 2. Alphabet Alphabet, the Google parent, is another newcomer to the Berkshire portfolio, added in 2025. As a "Magnificent Seven" stock, Alphabet has been able to build tremendous wealth for investors over the past couple of decades, and that should continue because of how Alphabet has positioned itself for the future. It continues to grow its market share in cloud computing and with its Gemini chatbot while maintaining its dominance in search. ExpandNASDAQ: GOOGAlphabetToday's Change(-1.78%) $-5.77Current Price$318.63Key Data PointsMarket Cap$3.9TDay's Range$314.66 - $321.6352wk Range$142.66 - $350.15Volume25MAvg Vol24MGross Margin59.68%Dividend Yield0.26% One of the advantages it has is its capacity to develop its own artificial intelligence (AI) chips for its AI-powered products, like Gemini, Google Maps, and others. This not only saves money by avoiding costs for third-party chips, but is also more efficient as they are custom-built to handle the specific Alphabet-centric workloads. The other thing that bodes well for Alphabet's long-term fortunes is its development of its own chip for quantum computing, the Willow chip. The Willow chip is considered one of the most advanced in quantum computing with the lowest error rate. If you're looking for good long-term stocks, the Berkshire Hathaway portfolio is always a good place to start, because these stocks have been fully vetted by the legendary investor. But these two new holdings, Heico and Alphabet, really stand out as potential winners over the next decade or so.Read NextDec 5, 2024 •By John Bromels3 Top Buffett Stocks to Buy and Hold for the Long HaulMay 29, 2019 •By Dan CaplingerWhy Cypress Semiconductor, Amarin, and Heico Jumped TodayAbout the AuthorDave mainly covers financials, consumer goods, and technology stocks and ETFs. He wrote for the Fool from 2019-2023 and rejoined the Fool in 2026. In the past he's covered mutual funds and institutional investments for Pensions & Investments, personal finance for S&P, money markets and bonds for Crane Data, and stocks for ValueWalk.TMFdkovaleskiStocks MentionedHeicoNYSE: HEI$323.36 (+0.27%) $+0.87AlphabetNASDAQ: GOOGL$318.58 (1.77%) $5.74AlphabetNASDAQ: GOOG$318.63 (1.78%) $5.77*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.