Warren Buffett Sells $133 Billion in Stocks but Holds onto Coca-Cola and American Express

Reported 3 days ago

In 2024, Warren Buffett's Berkshire Hathaway sold $133 billion in stocks, including significant reductions in its stakes in Apple and Bank of America. Despite this, Buffett continues to hold shares of Coca-Cola and American Express, reflecting his confidence in their competitive advantages and growth potential. Coca-Cola, which Buffett has never sold since his initial investment in 1988, remains a reliable income stock, while American Express shows strong growth prospects and solid revenue generation, making both stocks pillars in Buffett's long-term investment strategy.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis