Warren Buffett’s Berkshire Hathaway has significantly reduced its stake in Apple (NASDAQ: AAPL) by 67% over the past year, coinciding with Apple’s stock price decline of 21.6% in 2024.
Meanwhile, Coca-Cola (NYSE: KO) has increased its stock value by 14.1% year-to-date as of June 14, while maintaining a solid dividend yield of 2.9% and raising its annual dividend for 63 consecutive years. In contrast, Coca-Cola’s peers, like PepsiCo, are facing multiyear lows.
Chevron (NYSE: CVX) is also highlighted as a strong investment option, boasting a 4.7% dividend yield and a proven commitment to dividend growth over 38 years. Chevron’s operational efficiencies have led to a significant reduction in production costs, allowing for profitability even amid fluctuating oil prices.
