Many investors keep tabs on the stocks Warren Buffett owns through Berkshire Hathaway, hoping to emulate his success. To that end, Buffett once said market downturns are "an opportunity to increase our ownership of great companies with great management at good prices." Amazon (NASDAQ: AMZN) accounts for less than 1% of Berkshire's portfolio, but it undoubtedly qualifies as a great company, and the stock looks too cheap to pass up. Read More...

Many investors keep tabs on the stocks Warren Buffett owns through Berkshire Hathaway, hoping to emulate his success. To that end, Buffett once said market downturns are “an opportunity to increase our ownership of great companies with great management at good prices.” Amazon (NASDAQ: AMZN) accounts for less than 1% of Berkshire’s portfolio, but it undoubtedly qualifies as a great company, and the stock looks too cheap to pass up.