The Best Warren Buffett Stock to Buy With $500 Right Now

Warren Buffett has been selling stocks and stockpiling cash. But for the most part, he's leaving the Berkshire Hathaway portfolio intact. He's holding onto his favorites, even though he sold a large portion of Apple, and the portfolio is still dominated by financial stocks and dividend stocks.Amazon (NASDAQ: AMZN) is one of Buffett's smaller positions, and it wasn't his idea to buy it -- he said that one of Berkshire Hathaway's portfolio managers decided to buy it. It's been a valuable addition, up 127% over the past five years, which was around the time Buffett bought it.Since performing a high-profile 20-for-1 stock split two years ago, Amazon's stock price has been in the low triple digits. If you have $500 available to spend on investments today, a couple of shares of Amazon stock is an excellent choice.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool