These are 3 stocks Warren Buffett wouldn't touch with a ten foot pole

A values-based approach, slow and steady progress, competitive advantage. These are the things Warren Buffett loves. And that's why he would never resort to investing in one of these companies.

Betting on speculative companies can be tempting for many investors. But not for the best of us. Warren Buffett prefers only the "tried and true" classics, which certainly don't include the titles we'll feature here.

Vroom $VRM

Vroom (as the somewhat humorous name suggests) operates a platform for buying and selling used vehicles. The company's sales growth skyrocketed during the pandemic due to a widespread shortage of used vehicles. However, results over the past few quarters have shown a significant slowdown in revenue expansion. In fact, in the second quarter, Vroom's sales fell by more than 37% from a year earlier.