This Warren Buffett Dividend Stock Is Crushing the S&P 500. Here's Why It's Still Worth Buying in June for Passive Income.

Folks often turn to Warren Buffett-led Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) for investment ideas. And for good reason, as Berkshire Hathaway achieved a compound annual gain of 19.9% between 1965 and 2024 compared to 10.4% for the S&P 500 (SNPINDEX: ^GSPC).But a lot has changed in the last few decades, as the most valuable companies today are tech stocks like Microsoft, Nvidia, and Apple -- not big oil companies and industrials like in the past. Berkshire's bold bet on Apple stock showed that it is willing to adapt with the times and adjust its portfolio to include more tech stocks. However, Berkshire has also been a net seller of public equities, growing its position in cash, cash equivalents, and marketable securities to record highs and focusing more on companies it controls rather than buying shares of public companies.One position that has remained steadfast through all the changes is Coca-Cola (NYSE: KO). In fact, Berkshire hasn't sold any shares of Coke in over 25 years. Despite keeping its position unchanged, Berkshire has gradually owned a larger share of Coke thanks to the company's stock buybacks. Today, Coke is Berkshire's third-largest holding behind Apple and American Express.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool