Warren Buffett’s 7 Top Favorite Stocks for 2024

4. Kraft Heinz Co (NASDAQ:KHC)

Warren Buffett’s Q1 2024 Stake: $12,015,924,784

Illinois-based food company Kraft Heinz Co (NASDAQ:KHC) is one of the top favorite stocks of Warren Buffett. Kraft has a dividend yield of about 4.5%. Warren Buffett’s Berkshire owns a $12 billion stake in Kraft Heinz Co (NASDAQ:KHC) as of the end of March 2024.

Earlier this month Kraft Heinz posted first quarter results, which show that Kraft Heinz Co’s (NASDAQ:KHC) adjusted EPS in the period came in at $0.69, meeting estimates. Revenue in the quarter slipped 1.2% year over year to $6.41 million, missing estimates by $20 million. Over the past one year the stock has lost about 8% in value. However, in the last five years, the stock went up 10%.