5 Stocks to Buy and Hold for Long Term According to Warren Buffett

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1. Charter Communications, Inc. (NASDAQ: CHTR)

Number of Hedge Fund Holders: 75    

Charter Communications, Inc. (NASDAQ: CHTR) is ranked first on our list of 10 stocks to buy and hold for the long term according to Warren Buffett. The company provides communication and internet services. It is headquartered in Connecticut. According to the latest filings, Berkshire Hathaway owned over 5.2 million shares in Charter Communications, Inc. (NASDAQ: CHTR) worth $3.7 billion at the end of June 2021, representing 1.28% of the portfolio. 

On August 24, investment advisory Pivotal Research kept a Buy rating on Charter Communications, Inc. (NASDAQ: CHTR) stock and raised the price target to $1,000 from $820, backing the company to deliver solid results in the second half of the year.

At the end of the second quarter of 2021, 75 hedge funds in the database of Insider Monkey held stakes worth $19 billion in Charter Communications, Inc. (NASDAQ: CHTR), up from 74 the preceding quarter worth $16 billion.

You can also take a peek at Billionaire Stan Druckenmiller’s Top 10 Stock Picks and Billionaire Julian Robertson On Interest Rates and His Top Stock Picks For 2021.

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