Buffett remains loyal to Coca-Cola while adding new names to his portfolio. Its latest investments demonstrate confidence in technology and American resilience. Coca-Cola, VeriSign, Pool Corporation and Domino’s reflect Buffett’s timeless and strategic approach. Start the New Year with a Portfolio Built for Volatility – subscribe now during our New Year Sale and get up to 50% off at InvestingPro!
Warren Buffett takes bold action, even as the market remains volatile and concerns of overvaluation persist. As always, he studies opportunities where he sees long-term value, and he recently added three companies to his portfolio, each offering something unique at current prices.
Among his favorites, Coca-Cola Co (NYSE:) is a timeless investment, but he also bets on other stocks that he considers to be quite valuable. Let’s take a closer look at why Buffett is sticking with his old favorite while pursuing new opportunities.
1. Coca-Cola (KO): Buffett’s all-time favorite
Coca-Cola isn’t just a staple of Buffett’s portfolio, it’s the foundation. Having started buying stocks in 1988, Buffett has never sold a single one.
He saw the opportunity to buy more during the 1987 stock market crash, when Coca-Cola shares fell, and the move paid off handsomely. Today, his holdings in Coca-Cola are valued at $25 billion.
Source: InvestPro
This iconic brand, with a market capitalization of $270 billion, continues to perform well, particularly with its dividend yield of 3.19%.
Source: InvestPro
As the “dividend king,” Coca-Cola has increased its dividends for 63 consecutive years, making it an attractive choice for value investors. Analysts expect solid growth through 2025, with earnings per share (EPS) increasing 4.2%.
Source: InvestPro
It has 24 ratings, including 18 for Buy, 6 for Hold and none for Sell.
The market consensus gives it an average price target of $73.55.
2. VeriSign (VRSN): a tech play with long-term potential
Buffett’s interest in technology is evident with his investment in VeriSign (NASDAQ:). Recently, he increased his participation…
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