1 Warren Buffett Stock That Turned $1,000 Into $60,000
Warren Buffett has owned a lot of stocks in his long career as an investor, but one has really quenched his thirst for strong returns.
Berkshire Hathaway, the conglomerate led by Buffett, first purchased shares of Coca-Cola (NYSE: KO) in 1988, and it's sitting on a massive gain right now. With dividends reinvested, a $1,000 investment at the start of that year would be worth $60,000 today. This is currently the fourth largest holding in the Berkshire portfolio, valued at $25 billion.
Let's look at a likely reason Buffett was so drawn to Coca-Cola's business, as well as its potential investment implications.
Source Fool.com
Berkshire Hathaway Inc. A Aktie
602.000 €
0,25 %
Leichtes Buy-Übergewicht bei der Berkshire Hathaway Inc. A Aktie mit 3 zu 0 Einschätzungen.
Das von der Community festgelegte Kursziel von 650000 € für Berkshire Hathaway Inc. A deutet auf ein leichtes Wachstumspotenzial im Vergleich zu 602000.0 € hin.
