5 Best Stocks to Buy Now According to Warren Buffett

4. Coca Cola Co (NYSE:KO)

Berkshire’s Stake Value: $27.96 Billion

Coca Cola Co (NYSE:KO) has been a key part of Berkshire’s portfolio over the past several years as the Oracle of Omaha’s faith in the company remained unwavering. As of the end of the fourth quarter, Berkshire’s stake in Coca Cola Co (NYSE:KO) was worth $27.96 billion.

Who better to make the bull case for Coke than Buffett himself?  Years ago, he explained in his letter to investors why Coke’s moat is solid, and that thesis remains valid to date. Buffett at the time (it was 1993) said Coka was like the “Barbie” of beverages because you can reliably predict that people will still want a Coke in 30 years. Buffett believed the long-term risk for stocks like Coke was significantly lower than that of a fast-moving technology company.

In his 2022 letter, Buffett said he expects Coca Cola Co (NYSE:KO)’s dividend growth to hit like birthdays.

“The cash dividend we received from Coke in 1994 was $75 million. By 2022, the dividend had increased to $704 million. Growth occurred every year, just as certain as birthdays. All Charlie and I were required to do was cash Coke’s quarterly dividend checks. We expect that those checks are highly likely to grow.”

Coca Cola Co (NYSE:KO) has increased its dividend for over 60 years without a break.

Carillon Eagle Growth & Income Fund stated the following regarding The Coca-Cola Company (NYSE:KO) in its third quarter 2025 investor letter:

“The Coca-Cola Company (NYSE:KO) was a relative detractor in the third quarter. While second-quarter financial results exceeded analysts’ forecasts due to better pricing, we believe sluggish volume trends that decelerated as the second quarter progressed likely weighed on shares. We also attribute some of the weakness to softening sentiment for the broader beverage industry, reflecting market rotation into risk-on industries.”