Reported 1 day ago
Warren Buffett's Berkshire Hathaway has recently disclosed that Coca-Cola now represents 8.5% of its portfolio, continuing a 30-year commitment to the beverage giant. With a strong dividend history and reliable cash flow, Coca-Cola remains a significant player in the beverage industry, despite recent revenue challenges. While its stock has underperformed at times, it offers stability for investors, especially retirees seeking passive income. Buffett's endorsement makes a case for individual investors to consider Coca-Cola as a solid option in a diversified investment strategy.
Source: YAHOO