3 No-Brainer Warren Buffett Stocks to Buy Right Now - Diversifying Your Portfolio with Berkshire's Picks
3 No-Brainer Warren Buffett Stocks to Buy Right Now
Feel free to borrow a few of the small number of picks the Oracle of Omaha feels confident enough to own at this time. Berkshire Hathaway's annual shareholder meeting took place this past weekend. As usual, investors are gleaning all they can from the comments made by chief Warren Buffett during the event. He may be 93 years old, but he's still one of the world's sharpest stock-pickers.
Coca-Cola
It's a painfully predictable pick. That doesn't mean The Coca-Cola Company isn't a great company for most investors, though. In fact, it's a commonly suggested stock specifically because it's such a great one to own.
- The familiarity of Coca-Cola's brand names isn't the ultimate reason investors should consider owning a stake in the company.
- The crux of the bullish argument here is the underlying reason the company is a beverage behemoth.
- The kicker: In February the company raised the stock's annualized dividend payment for a 62nd consecutive year.
Occidental Petroleum
Enter Occidental Petroleum... one of only two oil and gas businesses Warren Buffett likes well enough right now to leave parked in Berkshire Hathaway's portfolio.
- Hollub is one of the few energy chiefs who recognizes that the industry is underinvesting to meet the world's oil and gas needs just a couple of years from now.
- Seeing an opportunity, she's positioning Occidental Petroleum now to be able to meet that demand then.
Kraft Heinz
Last but not least, add The Kraft Heinz Company to your list of no-brainer Warren Buffett stocks to buy right now.
- Or, think about Buffett's sage advice to "buy unpopular stocks" while they're unpopular.
- Whatever your motivation is, newcomers will be stepping into this stock while the dividend yield's a healthy 4.4%.