3 Warren Buffett Stocks You Can Buy Right Now

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Consider adding to these Buffett stocks over the long term

Legendary investor Warren Buffett is perhaps one of the most respected names in finance. Its long history of investing success speaks for itself, which is why people tend to focus on the movements that the “Oracle of Omaha” inspires throughout the year for ideas and insights. Since Mr. Buffett follows the Benjamin Graham School of Value Investing, now could be an ideal time for investors to add certain Warren Buffett stocks, given how bubbly many areas of the market are.
Buffett tends to target securities with prices that are unjustifiably low for their intrinsic value, which means long-term additions to his favorite companies work most of the time. With Berkshire Hathaway’s 13F recently filed with the SEC, several of its new purchases and existing holdings stand out as potential winners to consider at this time.
With that in mind, we’ve compiled the following list of 3 Warren Buffett stocks to buy right now. Let’s take a closer look at them below.

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Floor & Decor Holdings Inc (NYSE:FND)

One of the companies Mr. Buffett increased his stake in last quarter is floor & decor, a multichannel specialty retailer and commercial flooring distributor of hard flooring and related accessories. It appears that Warren is banking on continued strength in the housing market, and this home improvement store offers a unique opportunity to capitalize on that trend. From homeowners looking to transform their floors to contractors and professional installers looking to purchase materials such as tile, wood, laminate, vinyl and natural stone, Floor & Decor should remain busy this year as the real estate market is expected to remain hot.
The company’s total revenue has grown at a CAGR of 23.3% from 2016 to 2020, and net revenue increased 28% year over year to $876.6 million in the third quarter. While Floor & Decor’s stock is down 18% so far in 2022, the recent drop could present an interesting buying opportunity. According to MarketBeats Consensus analyst price targets, Floor & Decor has an average target price of $148.55, which is an increase of over 39% from current levels. This flooring specialist is due to release its fourth-quarter results on February 24, so keep an eye on how investors react after the release.

Another Warren Buffett stock that’s a potential buy right now is big-tech giant Apple, a company that probably needs no introduction. What really stood out about Berkshire Hathaway’s recent 13F filing was that Apple represented about 48% of the company’s assets, which tells us Warren is still a big fan. Apple stock has held up remarkably well through 2022 compared to many other tech stocks that have faced severe selling pressure, and building or adding to a long-term position in the company makes a lot of sense even without Berkshire’s support.
Whether mobile PCs, tablets, smartphones, headphones and more, Apple has a truly dominant market position in consumer electronics. This trend should continue over the years, especially as the company is very savvy and constantly introducing innovative new product releases to its roster. The way the company has successfully navigated issues in the global supply chain is another reason to add stock, as Apple reported all-time record first-quarter revenue of $123.9 billion. While these supply chain constraints should only be a short-term concern for the company, Apple’s management team has weathered these challenges very well, which should give investors additional long-term confidence in CEO Tim Cook and his team.

What sets this early-stage tech company apart is that it’s not the usual type of business Buffett backs. Nu Holdings is the parent company of Brazil-based Nubank, which provides a digital banking platform that offers its customers products to spend, save, invest, borrow and protect. It’s a company that could disrupt the banking services industry in Latin America, which is currently dominated by just a few big names not known for innovation and customer service. Operating in countries like Brazil, these traditional banks charge high fees and don’t have branches in many cities for their customers, which is why a digital bank like Nubank presents a fantastic opportunity for long-term growth.
This is certainly an intriguing way to add exposure to and support for emerging markets Mr. Buffett is also quite encouraging. Nu Holdings was actually one of the biggest IPOs of 2021, and Berkshire had around $1 billion in equity as of Dec. 31. While shares haven’t changed much since the company’s public debut, this is still a great fintech stock to watch closely going forward. The company recently reported that it has 48 million members, with an average of 40,000 new accounts opened every day, which are definitely some appealing numbers.

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