@Kokorache 7 months ago
Warren Buffett steps down as Berkshire CEO at 95, here are two stock picks from the article
Warren Buffett steps down as Berkshire CEO at 95, here are two stock picks from the article
Warren Buffett officially stepped down as Berkshire Hathaway CEO at age 95. He ran the company for 60 years and built it into a trillion-dollar giant.
The article points out two Berkshire holdings that remain strong picks:
**Visa (V)**
It has a massive moat with 329 billion transactions over the last year. Since they don't issue the cards themselves, they avoid credit risk and keep high margins. It's trading at 32x earnings, which is actually below its 10-year average.
**Coca-Cola (KO)**
A reliable income play rather than high growth. It's a Dividend King with 63 consecutive years of increases. Their distribution model relies on local partners to keep logistics efficient. The yield is typically double the S&P 500 average.

www.fool.com
| 2 No-Brainer Warren Buffett Stocks to Buy Right Now | The Motley Fool
@AntonioMyers 7 months ago
i've always liked the business model for Visa since they stay away from the credit risk. definitely a staple for many of us.