Warren Buffett plans to step down as CEO of Berkshire Hathaway at the end of the year. As his 60-year tenure comes to an end, his cumulative stock picks have allowed Berkshire to approximately double the S&P 500's (^GSPC -0.01%) performance under his leadership.
As the Trump administration's unpredictable tariffs, unresolved trade wars, geopolitical conflicts, and other macro headwinds rattle the markets, it might seem like a risky time to buy stocks. But according to Warren Buffett, investors should "be greedy only when others are fearful.
At nearly 6% weight, Amazon is my portfolio's second-biggest position. The company remains committed to spending $100 billion on capex in 2025 and has plenty of opportunities to sustain high long-term growth. Amazon's balance sheet is one of the strongest on the planet, boasting an AA credit rating from S&P on a stable outlook.
Following a dip into bear market territory earlier this year, consumer stocks have rebounded and appear to have settled back in. While the potential impact of on-again, off-again tariffs is a risk, the consumer space is still one of the best places to find attractive investments over the long term.
Amazon Web Services (AWS) is reportedly continuing to add data centers after opening a cluster of them in Mexico earlier this year. The company is building new facilities in Chile, New Zealand, Saudi Arabia and Taiwan, AWS CEO Matt Garman said, per a Friday (May 30) Bloomberg News report.
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