The Coca-Cola Company (KO) Remains One Of Warren Buffett’s Oldest Stock Picks
The Coca-Cola Company (NYSE:KO) is one of the 10 Best Long-Term Stocks to Buy Now According to Warren Buffett. The Coca-Cola Company (NYSE:KO) is perhaps one o
The Coca-Cola Company (NYSE:KO) is one of the 10 Best Long-Term Stocks to Buy Now According to Warren Buffett.
The Coca-Cola Company (NYSE:KO) is perhaps one of Warren Buffett and Berkshire Hathaway's best-known investments. While 13F filing data shows Q4 2010 as the earliest date of disclosure, Buffett first bought the shares in 1988. While the Oracle of Omaha dabbled with the shares and his holdings wildly fluctuated in the early 2000s, he found some stability since 201. In Q4 2010, Berkshire Hathaway disclosed holding 400 million shares that were worth $13.1 billion. The figure doubled to 800 million in Q2 2012, but returned to 400 million in the next quarter and has stood at that level since then. As of Q1, the shares are worth $30.4 billion.
Earlier this month, Morgan Stanley discussed The Coca-Cola Company (NYSE:KO)'s shares. It reiterated an Overweight rating and called the stock a top pick in the US beverages sector. The bank remarked that The Coca-Cola Company (NYSE:KO)'s Fairlife sales had grown in the US due to capacity additions. It added that the beverage company also had stronger pricing power compared to its rivals.
In a Mad Money appearance on June 10th, CNBC's J
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/coca-cola-company-ko-remains-173409942.html)
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