Warren Buffett Has Beaten the Market Over a 60-Year Stretch. Here Are 3 of the Billionaire's Favorite Stocks.

Data source: Berkshire Hathaway's Feb 17, 2026 13f filing.

But what astir his favourite stocks? Three of these names beryllium astatine the bosom of Buffett's playbook, and each 1 shows what helium really means erstwhile helium talks astir a "wonderful business."

Coca-Cola: The powerfulness of an unmatched planetary marque

An implicit indispensable for Buffett is simply a large, durable competitory vantage -- a wide moat. Coca-Cola is simply a cleanable illustration of a institution with an unthinkable moat.

Coca-Cola has 1 of the astir recognizable brands connected the planet. That's thing nary rival tin easy disrupt. The company's planetary reach, the musculus representation of consumers reaching for that reddish tin -- these are things that instrumentality decades and galore billions of dollars to adjacent effort to replicate. And that is wherefore Coca-Cola has been a halfway holding since 1988.

American Express: A recession-resistant currency instrumentality

American Express is the benignant of concern that volition ever person a spot successful the market, nary substance what benignant of trends travel and go. No substance what they're buying, erstwhile consumers swipe their Amex paper to pay, the institution besides gets paid.

Unlike different outgo networks, American Express is besides a bank, which means it collects involvement and paper fees. And arsenic it's a premium brand, its customers reliably walk more, default less, and instrumentality astir for the perks. It besides means the institution is much recession-resistant. Buffett began investing successful American Express each the mode backmost successful 1964.

Apple: A user products institution successful disguise

Buffett is famously resistant to investing successful exertion companies, maintaining that helium invests lone successful what helium understands and that doesn't see tech. That's why, successful 2016, erstwhile helium invested successful Apple, helium made it wide that helium wasn't abandoning his philosophy.