Buffett's Stocks for the Storm
Warren Buffett's Berkshire Hathaway portfolio holds three stocks that may weather a potential market crash. These are Coca-Cola, American Express, and Chevron.
Coca-Cola is one of the Dividend Kings with a resilient business model. It has increased its dividend for 64 consecutive years, making it a stable choice during uncertain times.
Buffett initiated his position in American Express in 1991 and has held onto the stock since then. The company targets affluent cardholders who have historically maintained their spending even during recessions.
Chevron is another Buffett holding that may flourish if higher oil prices lead to a market crash. The company can fully fund its dividend program and planned capital projects with Brent crude below $50 per barrel, which is currently around $88 per barrel.