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Analysis indicates that Berkshire Hathaway's new CEO, Greg Abel, is unlikely to sell its $35.5 billion stake in Coca-Cola, as a sale would incur approximately $7.2 billion in taxes and finding alternative investments would be challenging.
Berkshire Hathaway first invested in Coca-Cola in 1988, with a total cost of $1.3 billion. The current value of this holding is now over 27 times its cost, generating approximately $850 million in annual dividend income. Coca-Cola's stock price has risen over 27% year-to-date, and its current price-to-earnings ratio is 26x.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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