Buffett reduces Apple stake, suggests investing in Coca-Cola, Bank of America, Chevron, and Occidental Petroleum

From Nasdaq: 2024-08-22 06:43:00

Warren Buffett’s Berkshire Hathaway reduced its Apple stake, signaling overvalued stocks. Investors can consider reasonably priced dividend stocks like Coca-Cola, Bank of America, Chevron, and Occidental Petroleum for passive income. Coke has shown growth potential, while Bank of America offers a stable dividend and fair price. Chevron and Occidental Petroleum are solid choices with strong yields.



Read more at Nasdaq: All It Takes Is $1,000 Invested in Coca-Cola and Each of These 3 Warren Buffett Dividend Stocks to Generate Over $100 in Passive Income Per Year