Buffett's Picks for a Market Crash

Warren Buffett has repeatedly stated that he doesn't predict market fluctuations. However, his portfolio can provide valuable insights into potential long-term performers during a market downturn.

The Coca-Cola Company (NYSE:KO) is one of Buffett's longest-held positions, with him owning shares for 38 years. The beverage giant's super-low 5-year beta of 0.34 indicates that its stock is significantly less volatile than the S&P 500.

Coca-Cola's status as a Dividend King, with a streak of dividend hikes at 64 years and counting, also makes it an attractive choice for long-term investors. The company has consistently paid dividends throughout various market challenges, including the dot-com bubble burst, the financial crisis of 2008, and the COVID-19 pandemic.

American Express (NYSE:AXP) is another Berkshire Hathaway holding that Buffett expects to maintain indefinitely. As a resilient business with a strong underlying model, American Express targets affluent cardholders who have historically maintained their spending even during recessions.

Chevron (NYSE:CVX), although not one of Buffett's longest-held positions, has seen significant growth since being added to the portfolio in 2020. The stock is up almost 140% since then and has outperformed the broader market this year due to higher oil prices.