Buy the Dip On These Warren Buffett Stocks
If you're like Warren Buffett, you favor solid companies that perform over the long term -- and, at the same time, reward investors with passive income. Buffett has made his fortune -- and the fortune of others as Berkshire Hathaway chairman -- by sticking to that idea. He also believes in holding on to stocks for the long term and adding to positions when opportunities arise.
Well, an opportunity is here for two Buffett favorites. Shares of pharmaceutical giant Johnson Johnson (NYSE: JNJ) and beverage powerhouse Coca-Cola (NYSE: KO) have both declined so far this year. Yet their long-term outlooks are as bright as ever. Let's take a closer look at these market leaders to buy on the dip.
Johnson Johnson has reached an important transition point. The pharmaceutical giant is spinning off its consumer health business into a separate entity called Kenvue. Consumer health products like Tylenol painkillers and Band-Aid bandages may make J part of your everyday life. But they aren't what's driving revenue at the company.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 15.45% for Berkshire Hathaway Inc. A compared to the current price of 563000.0 €.
