I won’t keep you in suspense — Warren Buffett-led Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B) owns 400,000,000 shares of Coca-Cola (NYSE:KO), worth a total of $16.7 billion as of this writing. This translates to a 9.4% stake in the beverage giant, and makes Coca-Cola Buffett’s third-largest stock investment.
The investment has served Buffett and Berkshire’s shareholders well. Of the Coca-Cola stake’s market value, more than $15.4 billion represents profit. The $560 million in dividends it will receive this year from Coca-Cola represents nearly half of what Buffett paid for the shares in the first place. Here’s why Buffett likes Coca-Cola so much, and whether you should consider joining him in the investment.
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Why does Buffett like Coca-Cola so much?
Coca-Cola is a longtime favorite stock of the Oracle of Omaha. Not only is Coca-Cola one of only two major stock positions Berkshire has held for more than 25 years (the other is Wells Fargo), but it’s consistently been among Berkshire’s top holdings. In fact, 25 years ago, Coca-Cola was the largest stock holding in Berkshire’s portfolio.
Top 5 Warren Buffett Stocks To Invest In Right Now: The Herzfeld Caribbean Basin Fund, Inc.(CUBA)
Advisors’ Opinion:
- [By Stephan Byrd]
Media headlines about Herzfeld Caribbean Basin Fund, Inc. common stock (NASDAQ:CUBA) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Herzfeld Caribbean Basin Fund, Inc. common stock earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 48.5554072096128 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Top 5 Warren Buffett Stocks To Invest In Right Now: Daktronics, Inc.(DAKT)
Advisors’ Opinion:
- [By Stephan Byrd]
Shares of Daktronics, Inc. (NASDAQ:DAKT) have earned a consensus rating of “Hold” from the six analysts that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $10.00.
- [By Max Byerly]
SG Americas Securities LLC bought a new stake in shares of Daktronics, Inc. (NASDAQ:DAKT) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 12,035 shares of the technology company’s stock, valued at approximately $106,000.
- [By Lisa Levin] Companies Reporting Before The Bell
Dick's Sporting Goods, Inc. (NYSE: DKS) is projected to report its quarterly earnings at $0.45 per share on revenue of $1.89 billion.
Columbus McKinnon Corporation (NASDAQ: CMCO) is estimated to report its quarterly earnings at $0.5 per share on revenue of $209.35 million.
Analog Devices, Inc. (NASDAQ: ADI) is expected to report its quarterly earnings at $1.38 per share on revenue of $1.47 billion.
Michael Kors Holdings Limited (NYSE: KORS) is projected to report its quarterly earnings at $0.59 per share on revenue of $1.15 billion.
Movado Group, Inc. (NYSE: MOV) is expected to report its quarterly earnings at $0.11 per share on revenue of $109.47 million.
Chico's FAS, Inc. (NYSE: CHS) is estimated to report its quarterly earnings at $0.26 per share on revenue of $552.31 million.
DSW Inc. (NYSE: DSW) is projected to report its quarterly earnings at $0.37 per share on revenue of $681.89 million.
Daktronics, Inc. (NASDAQ: DAKT) is expected to report its quarterly earnings at $0.05 per share on revenue of $147.20 million.
Destination XL Group, Inc. (NASDAQ: DXLG) is estimated to report a quarterly loss at $0.14 per share on revenue of $107.63 million.
Bank of Montreal (NYSE: BMO) is expected to report its quarterly earnings at $1.67 per share on revenue of $4.21 billion.
MakeMyTrip Limited (NASDAQ: MMYT) is projected to report its quarterly loss at $0.39 per share on revenue of $143.03 million.
EVINE Live Inc. (NASDAQ: EVLV) is expected to report its quarterly loss at $0.02 per share on revenue of $155.98 million.
RBC Bearings Incorporated (NASDAQ: ROLL) is estimated to report its quarterly earnings at $1.14 per share on revenue of $175.55 million. - [By Lisa Levin]
Shares of Daktronics, Inc. (NASDAQ: DAKT) were down 17 percent to $8.30 after reporting weaker-than-expected quarterly results.
Michael Kors Holdings Limited (NYSE: KORS) was down, falling around 12 percent to $59.9675. Michael Kors reported better-than-expected earnings for its fiscal fourth quarter and issued strong first-quarter guidance. However, the company issued cautious profit guidance for the full year.
- [By Shane Hupp]
Media stories about Daktronics (NASDAQ:DAKT) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Daktronics earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 47.3861611544164 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Top 5 Warren Buffett Stocks To Invest In Right Now: Core-Mark Holding Company Inc.(CORE)
Advisors’ Opinion:
- [By Ethan Ryder]
Core-Mark Holding Company, Inc. (NASDAQ:CORE) has been given a consensus rating of “Buy” by the eleven brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $30.20.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Core-Mark (CORE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Motley Fool Transcribers]
Core-Mark Holding Company, Inc. (NASDAQ:CORE)Q4 2018 Earnings Conference CallMarch 01, 2019, 9:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Top 5 Warren Buffett Stocks To Invest In Right Now: Vanguard Value ETF (VTV)
Advisors’ Opinion:
- [By Logan Wallace]
Dynamic Advisor Solutions LLC bought a new stake in Vanguard Value ETF (NYSEARCA:VTV) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,421 shares of the company’s stock, valued at approximately $353,000.
- [By Stephan Byrd]
TRADEMARK VIOLATION NOTICE: “Argent Trust Co Buys 196 Shares of Vanguard Value ETF (VTV)” was first reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece on another site, it was stolen and republished in violation of U.S. & international trademark and copyright law. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/4153049/argent-trust-co-buys-196-shares-of-vanguard-value-etf-vtv.html.
Top 5 Warren Buffett Stocks To Invest In Right Now: China Petroleum & Chemical Corporation(SNP)
Advisors’ Opinion:
- [By Reuben Gregg Brewer]
The shares of China Petroleum & Chemical (NYSE:SNP), also known as Sinopec, rose 18% in January, according to data provided by S&P Global Market Intelligence. Not far behind were Canadian oil companies Vermilion Energy (NYSE:VET), with a global asset portfolio, and Suncor Energy (NYSE:SU), a Canadian oil sands specialist, with gains of 16% and 15%, respectively. U.S. based Noble Energy (NYSE:NBL), however, led this international quartet with a 19% leap. Noble’s portfolio is global, but it has a material position in the U.S. onshore drilling space.
- [By Joseph Griffin]
Sinopec (NYSE:SNP) announced a Semi-Annual dividend on Wednesday, March 28th, Zacks reports. Investors of record on Friday, May 25th will be paid a dividend of 4.568 per share by the oil and gas company on Thursday, June 21st. The ex-dividend date is Thursday, May 24th.
- [By Todd Campbell]
The following table highlights the 10 biggest energy companies by market capitalization. Some of these companies operate upstream, midstream, and downstream businesses, but all of them derive the majority of their revenue from upstream operations.
Rank Company Market Cap
1 ExxonMobil $348 billion
2 Royal Dutch Shell (NYSE:RDS-A)(NYSE:RDS-B) $286 billion
3 Chevron (NYSE:CVX) $223 billion
4 Petrochina Co. Ltd. (NYSE:PTR) $218 billion
5 Total SA (NYSE:TOT) $163 billion
6 BP Plc (NYSE:BP) $143 billion
7 China Petroleum (NYSE:SNP) $107 billion
8 Equinor ASA (NYSE:EQNR) $89 billion
9 ConocoPhillips (NYSE:COP) $84 billion
10 Schlumberger Ltd. (NYSE:SLB) $84 billionData source: Yahoo! Finance on Sept. 13, 2018.
- [By Max Byerly]
News headlines about Sinopec (NYSE:SNP) have been trending somewhat positive on Saturday, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sinopec earned a coverage optimism score of 0.23 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 45.9265677546286 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
- [By Ethan Ryder]
These are some of the news articles that may have effected Accern’s scoring:
Get China Petroleum & Chemical alerts:
China Petroleum & Chemical (SNP) and Statoil (STO) Critical Analysis (americanbankingnews.com) Sinopec to Import Record Crude Volumes From United States (finance.yahoo.com) Read This Before Buying China Petroleum & Chemical Corporation (HKG:386) For Its Upcoming $0.4 Dividend (finance.yahoo.com) Chevron (CVX) vs. Sinopec (SNP) Financial Analysis (americanbankingnews.com) Sinopec (SNP) Plans $4.57 Semi-Annual Dividend (americanbankingnews.com)
China Petroleum & Chemical traded down $5.56, hitting $94.22, during trading on Thursday, MarketBeat Ratings reports. The company had a trading volume of 254,400 shares, compared to its average volume of 190,689. The stock has a market capitalization of $125.83 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.83 and a beta of 1.29. China Petroleum & Chemical has a 1-year low of $69.60 and a 1-year high of $105.61. The company has a quick ratio of 0.62, a current ratio of 0.98 and a debt-to-equity ratio of 0.12.