international
Read Original Source (Finance)

Why Wall Street Prices Coca-Cola and PepsiCo Differently

Why Wall Street Prices Coca-Cola and PepsiCo Differently

Warren Buffett once said his favorite holding period is “forever,” and he was probably talking about Coca-Cola (NYSE:KO) when he said it. Nearly four decades later, Coca-Cola is still one of Berkshire Hathaway’s longest-held stock, and new CEO Greg Abel kept it even while trimming other positions from the portfolio. Th

Warren Buffett once said his favorite holding period is “forever,” and he was probably talking about Coca-Cola (NYSE:KO) when he said it. Nearly four decades later, Coca-Cola is still one of Berkshire Hathaway’s longest-held stock, and new CEO Greg Abel kept it even while trimming other positions from the portfolio. That kind of loyalty usually […]