5 Best Stocks to Buy for Good Returns

4. The Coca-Cola Company (NYSE:KO)

Berkshire Hathaway’s Q3 2023 Investment Value: $22.3 billion

Number of Q3 2023 Hedge Fund Investors: 57

The Coca-Cola Company (NYSE:KO) is a multinational food and beverages company that is one of Warren Buffett’s oldest stock picks. Despite having one of the most well known carbonated beverages in the world, The Coca-Cola Company (NYSE:KO) is busy expanding its product portfolio and is now adding ready to drink tea into the mix.

By the end of this year’s third quarter, 57 out of the 910 hedge funds polled by Insider Monkey had invested in the company. The Coca-Cola Company (NYSE:KO)’s biggest hedge fund investor is Warren Buffett’s Berkshire Hathaway through its $22.3 billion investment.

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