With Warren Buffett Stepping Down as CEO of Berkshire Hathaway, Could Coca-Cola and American Express Be on the Chopping Block?
From Nasdaq: 2025-05-09 03:05:00
Berkshire Hathaway, led by Warren Buffett, has a select few stocks he praises and vows never to sell, including Apple, Coca-Cola, and American Express. While half of the Apple position has been sold, Coca-Cola and American Express remain untouched. With Buffett stepping down and Greg Abel taking over, changes may be on the horizon.
Coca-Cola and American Express are Berkshire Hathaway’s longest-held equity positions, consistently paying out over $1 billion annually in dividends. Buffett admires their global brand names and high profitability. With Abel potentially taking a more hands-off approach to investing decisions, the future of these beloved stocks remains uncertain.
As Berkshire Hathaway transitions leadership, the new management under Abel may make different investment decisions. While Buffett’s legacy has shaped the company, Abel could bring a fresh perspective. The possibility of selling Coca-Cola or American Express in the future remains, as the investing team may take a different approach under new leadership.
Read more at Nasdaq: With Warren Buffett Stepping Down as CEO of Berkshire Hathaway, Could Coca-Cola and American Express Be on the Chopping Block?