Is This Warren Buffett Favorite Worth Buying?
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has owned a large stake in The Coca-Cola Company (NYSE: KO) since 1988. His overall $1.3 billion investment in the beverage giant has grown in value to be worth roughly $22 billion today. It is probably one of Buffett's most famous holdings, and he's often pictured enjoying a Coke.
But is it a good investment today? Let's take a closer look. While the company is likely too mature to make new investors rich overnight, it still can be a solid dividend holding for long-term investors. Here are four reasons why.
Source Fool.com
