Warren Buffett acquired 400 Million Coca-Cola shares worth $25.5 Billion. That's 7.35% of their entire equity portfolio (3rd largest holding). The investor owns 9.25% of the outstanding Coca-Cola stock. The first Coca-Cola trade was made in Q4 1998. Since then Warren Buffett bought shares ten more times and sold shares on eight occasions. The stake costed the investor $13.2 Billion, netting the investor a gain of 93% so far.
The Oracle of Omaha still believes in the iconic soda maker.
Coca-Cola has been Berkshire''s most prolific stock pick, but is it still a good investment today? The way to look at KO is the shareholder yield being a ver...
On Friday, Coca-Cola Co. (NYSE:KO) shares advanced slightly after reports emerged suggesting the company is closer to sealing a deal to buy BodyArmor. The c...