From Morningstar:

Berkshire Hathaway’s 2023 annual report reveals Warren Buffett’s plans to hold three stocks indefinitely: Coca-Cola, American Express, and Occidental Petroleum. Coke’s economic moat and solid balance sheet make it a favorite, valued at $60 per share. American Express’ unique closed-loop network secures its financial position, with a fair value estimate of $190. Finally, Occidental Petroleum’s oil leadership and progress in carbon-capture initiatives show potential for growth, despite a rocky past, valuing the stock at $56 per share. Buffett’s confidence in these companies stems from their global presence and essential products and services.



Read more at Morningstar: 3 Warren Buffett Forever Stocks