Apple is the world's most valuable public company and Warren Buffet's largest stock holding. Under the leadership of CEO Tim Cook, Apple has continued to provide outstanding value to long-term shareholders.
Top stock holdings in Buffett's portfolio
Bank of America (BAC) – $29.5 billion. American Express (AXP) – $25.0 billion. Coca-Cola – $24.8 billion. Chevron (CVX) – $21.6 billion.
Warren Buffett's personal portfolio consists of his ~16% stake in Berkshire Hathaway (worth more than $113 billion) and shareholdings in two banks – JP Morgan, Wells Fargo (size of those stakes is not known).
The average price target represents 12.01% Increase from the current price of $62.44. Coca-Cola's analyst rating consensus is a Strong Buy.
As passive investors, Buffett and Munger seek out companies that seem to be trading for less than their intrinsic value. While there's no universal measure of value, companies with long-lasting earning potential tend to have consistent earnings, good cash flow and a low amount of debt.
What are some examples of businesses that thrive in recession? Due to the elasticity of demand, recession-proof industries are usually in essential services, like health care, senior services, grocery stores, and maintenance, such as plumbing and electrical.
Retail, restaurants, and hotels aren't the only businesses often hurt during a recession. Automotive, oil and gas, sports, real estate, and many others see heavy declines during times like these.
Buffett's Top Stock Picks
The table below shows 11 Buffett stock picks that analysts like for 2023, including four solid dividend stocks: Apple, Coca-Cola KO +1.3% , General Motors GM +1.9% and Visa.
In the first quarter of 2023, Warren Buffett's Berkshire Hathaway bought three new stocks – Capital One Financial, Diageo ADR, and Vitesse Energy. Berkshire Hathaway increased its stake in seven others: Apple, Bank of America, Occidental Petroleum, HP, Citigroup, Paramount Global, and Markel.
Key Takeaways. Berkshire Hathaway's portfolio's five largest positions are in Apple Inc. (AAPL), Bank of America Corp (BAC), Chevron (CVX), The Coca-Cola Company (KO), and American Express Company (AXP). Apple is Berkshire's largest holding, accounting for 39% of its stock portfolio.
At 20-25 stocks, you've captured all the potential benefits of diversification with even the right stocks. Few people need this many positions but it's the maximum needed positions that will still be of any benefit to the stock investor.
The best recession stocks include consumer staples, utilities and healthcare companies, all of which produce goods and services that consumers can't do without, no matter how bad the economy gets.
The jobs that are the “first to go” when a recession hits are the ones that depend on consumer spending and people having copious disposable income, says Kory Kantenga, a senior economist at LinkedIn. Retail, restaurants, hotels and real estate are some of the businesses often hurt during a recession.
Warren Buffett once said, “The first rule of an investment is don't lose [money]. And the second rule of an investment is don't forget the first rule. And that's all the rules there are.”
Buffett follows the Benjamin Graham school of value investing, which looks for securities whose prices are unjustifiably low based on their intrinsic worth. Rather than focus on supply and demand intricacies of the stock market, Buffett looks at companies as a whole.
Apple is the world's most valuable public company and Warren Buffet's largest stock holding. Under the leadership of CEO Tim Cook, Apple has continued to provide outstanding value to long-term shareholders.