Forget Coca-Cola: 3 Better Warren Buffett Stocks to Buy, Instead

Among the list of top Warren Buffett investments at Berkshire Hathaway is Coca-Cola. The stock has been a massive winner since the Oracle of Omaha first established his position in 1988 and has returned nearly 3,100% (including dividends), compared to the S 500's 2,500% return.

It's still a massive part of Berkshire's portfolio, holding the title of fourth-largest position. This makes it an obvious choice for Buffett-like investors to purchase. However, they're missing one glaring point: Coca-Cola stock has been a terrible investment in this millennium. Had you invested in the S 500 and Coca-Cola at the start of any year beginning in 2000 and held shares until now, you would have underperformed the S 500 every single year.

That's not great investing performance. Such followers are holding onto past performance and Buffett's steadfastness with the stock as an excuse for underperformance. However, other Buffett investments look primed now for market-beating growth. Let's consider three of them.

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Source Fool.com