Genius at work describes Warren Buffett and
his Berkshire Hathaway holdings. Billions of dollars have
been made over the years just by sticking with Buffetts
winners, With earths population now exploding well beyond 8
Billion, how many I-phones will be sold in the coming years.
Bristol Meyers - Options Alert - Upside Buying
Every
investor should consider owning the following stocks .
Serious investors need just go
along for the ride. BUY BUY BUY
Wall Street Daily
1. Apple
Berkshire Hathaway currently owns roughly 5% of the second-richest
company on Earth, Apple (NASDAQ:AAPL).
It also happens to be Berkshire's top holding by quite a
large margin, coming in at close to a $50 billion market
value. Buffett first began buying up shares in Steve Jobs'
brainchild in 2016 and has bought more shares every quarter
since, with gains coming in at around 25% since its first
purchase. Despite Apple's declining hardware
sales, Buffett firmly believes in the company's
"stickiness," or the ability to remain relevant in everyday
consumer life for years to come.
Cronos Group Rated Strong Buy - Three Analysts - On Your
BUY List
2. Bank of America
Much of Berkshire's enormous 9.3% stake in Bank
of America (NYSE:BAC) came
about following the Great Recession of 2008. The investment
mogul invested $5 billion into the struggling bank,
purchasing the shares at a much-reduced price of $7.14 per
share, well below the trading price at the time of $26.99
per share. With the bank growing back to its pre-recession
heights, Buffett has seen the market value of his position
in BofA grow to $26.7 billion, making it an extremely
successful investment.
NYSE
Canopy Growth - Analyst Says BUY
3. Wells Fargo
It's safe to say that Wells
Fargo (NYSE:WFC) hasn't
been short of scandals in recent years, which has
contributed to it being one of the worst-performing banks in
the sector. However, through all of this, Warren Buffett has
publicly backed his investment and its managers. Wells Fargo
is one of Buffett's oldest banking investments, which he
bought in 1989 worth $3 per share. With CEO Tim Sloan
resigning earlier this year, and its stock price seemingly
beginning to become steady after a fluctuating year, the
company looks to be on the path to recovery. Despite all
this, it's still one of Buffett's top stocks, and he has
actually had to sell shares to meet regulatory demands of
remaining below 10% ownership, with the market value of his
position coming in at close to $20 billion.
4. Coca-Cola
Another golden oldie for Warren Buffet -- he purchased his
first Coca-Cola (NYSE:KO) stock
back in 1988 at a time of struggle -- that
appears to still hold his seal of approval despite the
changing landscape and growing health-consciousness of the
average consumer. Buffett originally paid $1.3 billion for
shares of the company, which translates to a current market
value of roughly $18 billion, an increase of almost 1,300%.
The investment pays Berkshire a massive $650 million per
year and has seen increases in annual dividends almost
annually for the past 50 years. It pays to own 9.5% of the
world's most recognizable beverage maker. Fun fact: Buffett
is actually a massive fan of the drink itself, and claims to
drink several cans a day.
Aphria Soars On 960% Rev Growth
5. Amazon
In a surprising move, Berkshire Hathaway recently bought a
stake in e-commerce giant Amazon.com (NASDAQ:AMZN).
One of Buffett's two lieutenants, Todd Combs or Ted Weschler,
started a position in the first quarter of 2019, and then
added shares in the second. Though not a typical Buffett
stock, considering its high price and price-to-earnings
ratio, the purchase was still a wise move, as Amazon does
fit the Buffett model of compounding growth with a
formidable moat. The dominant leader in e-commerce over the
past 25 years, Amazon has grown into a massive empire
including hardware, music, streaming, and more. Not only
does its core delivery service control 50% of U.S. market
share, but its subsidiaries such as Amazon Web Services are
also dominating in their respective fields. It may be too
early to call it a great Buffett investment, but it has all
the signs of potentially being his greatest yet.