Warren Buffett Shares Why He Loves Coca-Cola and American Express
It's no secret that investing guru Warren Buffett loves Coca-Cola (NYSE: KO) and American Express (NYSE: AXP) stocks. Although he's generous with his investing advice, he doesn't typically address specific positions in the Berkshire Hathaway portfolio. But he has been singing these two companies' praises for years.
He was touting them again in his annual shareholder letter released in late February, giving investors another peek into his approach to investing.
Despite the fact they're operating in completely different industries, Buffett groups Coca-Cola's and American Express' stocks together. They're both old and established -- American Express has been around since 1850, while Coca-Cola has been operating since 1886. Buffett joked that "Berkshire is not big on newcomers."
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 7.44% compared to the current price of 605000.0 € for Berkshire Hathaway Inc. A.
