Berkshire Hathaway Stock Portfolio: 5 Long-Term Stock Picks

In this article, we discuss the 5 long-term stocks in Berkshire Hathaway’s portfolio . If you wish to see our detailed analysis of the fund’s investment philosophy and performance, go directly to the Berkshire Hathaway Stock Portfolio: 10 Long-Term Stock Picks.

5. The Kraft Heinz Company (NASDAQ:KHC)

Berkshire Hathaway’s Stake Value: $13.2 billion
Percentage of Berkshire Hathaway’s 13F Portfolio: 4.53%
Number of Hedge Fund Holders: 33

Commonly known as Kraft Heinz, The Kraft Heinz Company (NASDAQ:KHC), is one of the world’s leading food and beverage companies. Based in Illinois, the company ranks fifth on our list of the 10 long-term stock picks of Berkshire Hathaway.

For the second quarter of 2021, Warren Buffett’s Berkshire Hathaway holds over 325.6 million shares of The Kraft Heinz Company (NASDAQ:KHC), worth more than $13.2 billion. These shares account for 4.53% of the fund’s portfolio value. Of the 873 elite funds tracked by Insider Monkey, 33 were long in The Kraft Heinz Company (NASDAQ:KHC) at the end of June.

On August 4, the company issued its quarterly earnings report for the second quarter of 2021, with earnings per share at $0.78, crossing market estimates by $0.06. Additionally, the revenue for the quarter came in at $6.62 billion, surpassing the predicted revenue by $65.74 million.

On September 21, Morgan Stanley analyst Pamela Kaufman began coverage of The Kraft Heinz Company (NASDAQ:KHC) with an Equal Weight rating alongside a price target of $37 on the company’s shares.