• Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

Kraft Heinz

The Kraft Heinz corporation is only eight years old, but the two brands that constitute it have each been around for more than a century. Kraft Foods Inc. was founded in 1909 while the H. J. Heinz Co. was established in 1869. Both brands have steadily grown their footprints across the world over the intervening decades.

In some parts of the world, these brands are synonymous with cheese, ketchup and macaroni. Brand recognition like this takes forever to build, which is why the combined business has so much underlying value.

Today, the company is worth more than $44 billion, and the stock trades at about 15 times earnings — reasonable for a low-growth consumer brand.

Berkshire first acquired a stake in Heinz in 2013. Two years later, the firm put up $5 billion as part of the mega-merger that brought the two household brands together. The combined company is currently the seventh largest Berkshire holding.

Read more: Thanks to Jeff Bezos, you can now cash in on prime real estate — without the headache of being a landlord. Here's how

Elevate Your Investments with Moby

Gain a competitive edge with Moby's expert investing insights. Our data-driven analysis and personalized recommendations empower you to make smarter investment decisions. Enhance your portfolio and stay ahead of market trends. Start your journey to financial success today at Moby.

Get Started

Coca-Cola

Coca-Cola is another iconic brand dating to the 19th century. The company was launched in 1892 and has been on Buffett’s portfolio for several decades. He first initiated a position in the beverage giant in 1988. The stock is up more than 2,300% since then.

The company is now worth in excess of $250 billion, while the stock trades at a price-to-earnings ratio of around 24. KO — the company’s ticker symbol — also offers a 3% dividend yield, which makes it an ideal target for income-seeking investors like Buffett.

Buffett currently owns 400 million shares of KO worth more than $23 billion. It’s the fourth-largest position in his portfolio, which is a testament to his long-term commitment to this brand. Retail investors should certainly take a closer look at this blue chip.

American Express

American Express is nearly 174 years old, which makes it the oldest company on this list. The firm was launched in 1850 as an express mail business in Buffalo, New York.

Now, of course, it’s one of the largest payment networks in the world, with more than $214.5 billion passing through the network in 2022. Amex gets a tiny slice of each transaction.

Meanwhile, Buffett owns a large slice of the company, whose shares have surged above $210 since an April 2020 pandemic low of $73. Buffett's stake in Amex is worth over $31 billion, making it his third-largest holding.

The stock currently trades at around 19 times earnings and should certainly be on your list.

Follow These Steps Once Your Portfolio Reaches $100K

If you've amassed a $100k+ portfolio, it's time to meet with a trusted advisor. Zoe Financial's elite network of fiduciary advisors offers personalized strategies to enhance your financial success. Experience exclusive investment opportunities and bespoke wealth management services.

Trust Zoe Financial for unparalleled expertise and a commitment to your prosperity.

Get Started

What to read next

Sponsored

This 2 Minute Move Could Knock $500/Year off Your Car Insurance in 2024

Saving money on car insurance with BestMoney is a simple way to reduce your expenses. You’ll often get the same, or even better, insurance for less than what you’re paying right now.

There’s no reason not to at least try this free service. Check out BestMoney today, and take a turn in the right direction.

Vishesh Raisinghani Freelance Writer

Vishesh Raisinghani is a freelance contributor at MoneyWise. He has been writing about financial markets and economics since 2014 - having covered family offices, private equity, real estate, cryptocurrencies, and tech stocks over that period. His work has appeared in Seeking Alpha, Motley Fool Canada, Motley Fool UK, Mergers & Acquisitions, National Post, Financial Post, and Yahoo Canada.

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.