Warren Buffett mentions Coca-Cola, American Express, Occidental Petroleum, and five Japanese Sogo Shosha as forever stocks

From Nasdaq: 2025-01-13 05:51:00

Warren Buffett doesn’t always hold stocks forever, contrary to his famous quote. He conditions it to outstanding businesses with outstanding management. So, which stocks does he consider forever stocks? Buffett mentioned Coca-Cola, American Express, Occidental Petroleum, and five Japanese Sogo Shosha. Surprisingly, Apple wasn’t explicitly listed, but Buffett’s high praise suggests it qualifies. Berkshire Hathaway, his primary forever stock, wasn’t mentioned but is understood.

American Express and Coca-Cola are long-time holdings for Buffett. American Express is Berkshire’s second-largest position with a value of nearly $46 billion, from an initial investment of $1.3 billion. Occidental Petroleum is Berkshire’s sixth-largest holding, and Buffett praised its leadership and carbon-capture initiatives. The five Japanese Sogo Shosha have shareholder-friendly policies.

Apple remains Berkshire’s largest holding, despite a reduced stake. Buffett considers it an even better business than Coca-Cola. Berkshire Hathaway, although not explicitly mentioned, is undoubtedly Buffett’s primary forever stock. Consider investing in Apple and the 10 best stocks identified by the Motley Fool Stock Advisor team for potential high returns. Buffett’s investment decisions provide valuable insights for investors.



Read more at Nasdaq: Every Stock Warren Buffett Has Said He’d Own Practically Forever