From Nasdaq: 2024-09-14 18:05:00

Warren Buffett’s favorite stock, Coca-Cola (NYSE: KO), is a long-standing holding in his portfolio, dating back to 1987 when he began buying shares. Its brand strength, earnings growth, and dividends make it a strong contender for a permanent position in Berkshire Hathaway’s portfolio.

Buffett’s recent reduction in Apple (NASDAQ: AAPL) shares doesn’t signal a lack of faith. Instead, it’s tied to locking in the current capital gains tax rate. The tech giant’s strong management, earnings growth, and dividend policy, alongside stock buybacks, make it a potential “second Coca-Cola” in Buffett’s portfolio.

Apple’s commitment to dividends, solid earnings record, and significant moat could solidify its position as a long-term holding in Berkshire Hathaway’s portfolio. The tech company’s unique combination of growth potential and safety make it an attractive investment option for those seeking stability and profitability in their portfolio.



Read more at Nasdaq: Prediction: This Stock Will Become Warren Buffett’s Next Coca-Cola