Better Buy: Apple vs. Coca-Cola
(NASDAQ: AAPL) and Coca-Cola (NYSE: KO) are two of Warren Buffett's favorite stocks. Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) currently allocates a whopping 47% of its portfolio to Apple, making it the company's single largest investment, and another 7% to Coca-Cola, its third-largest investment.
Buffett loves both companies because they have unmatched brand appeal, generate plenty of cash, consistently repurchase their shares, and pay out steady dividends. But which of these iconic American brands is a better investment right now?
Image source: Apple.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 108 Buy predictions and 9 Sell predictions.
With a target price of 210 € there is a slightly positive potential of 4.22% for Apple Inc. compared to the current price of 201.5 €.