Best Stock to Buy Right Now: Coca-Cola vs. Kraft Heinz
Investors monitor Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) portfolio of common stocks closely as they attempt to glean what CEO Warren Buffett and his team are thinking. That's fine for recent buys and sells within Berkshire Hathaway's portfolio, but it doesn't work quite as well for long-term holdings like Coca-Cola (NYSE: KO) and Kraft Heinz (NASDAQ: KHC). What should investors make of these two Buffett-owned consumer staples stocks today?From a big-picture perspective, Coca-Cola and Kraft Heinz both make food products within the broader consumer staples sector. Consumer staples are interesting because the products tend to be necessities and they tend to have fairly low costs. Brand loyalty is also an important factor in the highly competitive space. The important takeaway for investors, particularly during uncertain economic times like today, is that consumer staples tend to keep getting purchased regardless of what is going on with the economy. Thus, the sector is considered defensive. This is why investors might be interested in Coca-Cola and Kraft Heinz right now.Image source: Getty Images.Continue reading
Investors monitor Berkshire Hathaway's (NYSE: BRK.A)(NYSE: BRK.B) portfolio of common stocks closely as they attempt to glean what CEO Warren Buffett and his team are thinking. That's fine for recent buys and sells within Berkshire Hathaway's portfolio, but it doesn't work quite as well for long-term holdings like Coca-Cola (NYSE: KO) and Kraft Heinz (NASDAQ: KHC). What should investors make of these two Buffett-owned consumer staples stocks today?
From a big-picture perspective, Coca-Cola and Kraft Heinz both make food products within the broader consumer staples sector. Consumer staples are interesting because the products tend to be necessities and they tend to have fairly low costs. Brand loyalty is also an important factor in the highly competitive space. The important takeaway for investors, particularly during uncertain economic times like today, is that consumer staples tend to keep getting purchased regardless of what is going on with the economy. Thus, the sector is considered defensive. This is why investors might be interested in Coca-Cola and Kraft Heinz right now.
Image source: Getty Images.
