Meet the Dividend Stock That Warren Buffett Backed for Decades. Here's Why Greg Abel Is Still Holding.
Sometimes, the classics really are tough to beat.
Overview
Berkshire Hathaway's famous stock portfolio has seen some changes since new CEO Greg Abel took command at the start of this year. It's only natural for a new captain to put their own spin on things. However, some things work so well that it's better to just leave them alone.
That's probably a good way to sum up The Coca-Cola Company (NYSE: KO), one of Warren Buffett's favorite stocks, and one of the longest-standing investments in Berkshire's portfolio today.
Details
Do you like dividends? The global beverage giant offers a simple business model and decades of steady growth that align with Buffett's famous investing style, making it a great potential fit for your portfolio.
Source
Originally published at www.fool.com.