July 18, 2024

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Meet The 4 Stocks That Make Up Nearly 75% Of His Portfolio

2 min read

Legendary investor Warren Buffett has long preached the importance of passive investing in large-cap stocks.

“Beware the investment activity that produces applause; the great moves are usually greeted by yawns,” said Buffett, who also is a big fan of dividend-yielding stocks, which he calls the secret sauce to Berkshire Hathaway Inc.’s success.

Nearly 75% of Buffett’s portfolio is invested in just five stocks. Take a closer look.


Buffett has been a long-time supporter of Apple Inc. (NASDAQ:AAPL), which he calls a “better business than any we own.” Approximately 50.04% of his portfolio is invested in Apple, which was valued at over $155 billion as of Sept. 30.

Despite uncertainty in the market, demand for Apple’s products remains strong, with iPhone sales hitting a record high in the fiscal fourth quarter that ended Sept. 30. Apple shares have risen 49% year-to-date, making it one of the best-performing tech stocks this year.

“We now have our strongest lineup of products ever heading into the holiday season, including the iPhone 15 lineup and our first carbon-neutral Apple Watch models, a major milestone in our efforts to make all Apple products carbon neutral by 2030,” Apple CEO Tim Cook said.

Wedbush has an Overweight rating on Apple stock with a price target of $250, indicating a potential upside of nearly 30%. Morgan Stanley also has an Overweight rating on the tech behemoth with a price target of $220, indicating a potential upside of over 13%.

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Buffett generated nearly $704 million in dividends from his investment in the Coca-Cola Co. (NYSE:KO). His initial investment of $1.3 billion in Coca-Cola stock has multiplied to $25 billion, according to Berkshire Hathaway’s 2022 annual shareholder letter.

Buffett owns 400 million shares of Coca-Cola through Berkshire Hathaway, which accounts for 7.15% of his total portfolio.

Coca-Cola currently pays $1.84 in dividends annually, yielding nearly 3.2% on the current stock price. The…

2024-01-01 14:00:14

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