Warren Buffett has long been glorified as one of the greatest investors of all time and a large number of investors as well as individual traders are listening to the investment recommendations he often provides … free on television. Buffett is characterized as a long-term investor and for this reason the three shares he offers are suitable for your pension portfolio.
1. American Express Co. first won Buffett as an investor in the 1960s. Since then, Buffett’s Berkshire has earned a 17.47% stake in the credit card company worth more than $ 14 billion. The company’s dividend yield of 1.3% is not the reason to invest in it, and the strong management team. who managed to keep the company on top for half a century.
2. Coca-Cola Co. paid a dividend from the 1920s. since it has been increasing every year over the last 55 years. The last paid dividend for 2017. is 3.2%, and analysts predict earnings will rise to 3.6% in 2018, 3.8% in 2019 and 4.1% in 2020.
For the first time, Buffett invested in Coca-Cola in 1988, when the dividend was only 30 cents. In a letter to Berkshire shareholders, Buffett said he plans to hold the shares “for long.”
3. Apple Inc. may not look like a retirement plan, but it’s worth checking it out. Of course, it’s just a technology company, but it’s hard to imagine a world in which most people do not have iPhone technology using their innovations. Part of the company’s endearment is that it is primarily connected with a consumer base and is characterized by amazing loyalty to both its customers and its investors.
Source: The Street
Trader Petar Milanov