Warren Buffett doesn't like letting go of a good stock.

Investors keep a close eye on what Warren Buffett is doing, because the billionaire investor has shown his expertise in stock-picking over time. He looks for solid businesses, trading at reasonable valuations, that are worth holding on to for the long haul -- Buffett once said his ideal holding period is "forever." (A perfect example is beverage giant Coca-Cola , a stock he bought in the late 1980s and has owned ever since.)

As chairman of Berkshire Hathaway , Buffett's proven that this strategy works, achieving a compounded annual gain of nearly 20% over 59 years. By comparison, the S&P 500 has delivered a compounded annual increase of about 10% over that time period.

Considering this, let's check out two Buffett stocks that

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