3 Stocks Warren Buffett Should Buy in 2016

Warren Buffet, the world's most successful investor, is always on the hunt for great businesses to add to his vast collection. Earlier this year, he added the specialty metal manufacturer Precision Castparts (NYSE: PCP) to his vast empire in a deal valued at $37.2 billion, and with cash pouring in from his other businesses, its likely he is already looking for more great businesses to buy.

We asked our team of Motley Fool contributors to share a stock they think would make a fine addition to Buffett's portfolio. Read below to see which companies they highlighted: It looks like The Hershey Company (NYSE:HSY) could be an appetizing candidate for Warren Buffett's portfolio. Oil-field service giant Halliburton (NYSE:HAL), which is now down more than 50% from its most recent high from last year. I can't help but think Johnson & Johnson (NYSE:JNJ) checks off every item on the list that he looks for, which makes me think it would make a fine addition to his portfolio.

Source: Motley Fool

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