Warren Buffett, the Oracle of Omaha, has three investment picks worth considering in December: Chevron, Visa, and Coca-Cola. These stocks offer a mix of growth potential, dividend yields, and attractive valuations.
Chevron is an integrated energy giant with a diversified business model that includes upstream, midstream, and downstream operations. Its strong balance sheet and low debt-to-equity ratio make it well-positioned to weather the next oil downturn.
Visa, on the other hand, is a payment processing company that has benefited from the shift towards card-based payments and online shopping. Despite being at all-time highs, its price-to-sales and price-to-earnings ratios are near their five-year averages, making it reasonably priced.
Coca-Cola is a Dividend King with over 50 years of annual dividend increases. Its portfolio of dominant brands, powerful marketing team, and financial wherewithal make it an attractive option for income investors.
All three stocks are considered reasonably priced, with price-to-sales and price-to-earnings ratios near their five-year averages. Buffett’s approach is to buy great companies at fair prices, making these investments a compelling choice for long-term investors.
Source: https://finance.yahoo.com/news/3-warren-buffett-stocks-buy-082300784.html