The Best Buffett Stock to Invest $500 in Right Now

Warren Buffett is very selective about which companies he invests in. That's why investors should take note when he sticks by an investment for decades, even after the company grows immensely in value. Right now, one of Buffett's best stock picks is on sale. And so far, Buffett isn't selling a single share.Buffett considers a wide variety of factors when deciding whether to invest in a particular business. One of the most important is what economists call an economic moat. An economic moat is a kind of competitive advantage that can endure for years, if not decades at a time.When it comes to strong economic moats, few companies can match the power of Visa (NYSE: V). Just take a look at its market share figures. According to most metrics, Visa controls at least half of the U.S. credit card market. Just three companies -- Discover Financial Services, Mastercard, and American Express -- control the remainder. Suffice it to say that this is a highly consolidated market controlled by a handful of powerful competitors, Visa being by far the largest.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool