Prediction: This Stock Will Become Warren Buffett's Next Coca-Cola

Coca-Cola (NYSE: KO) is not the biggest position in Warren Buffett's portfolio, but it is one of the billionaire's favorites -- and one that likely will remain there at current levels.Buffett started buying shares of the world's biggest nonalcoholic beverage maker in 1987 and continued adding to the position for a period of seven years. Those 400 million shares haven't budged since. In fact, he has even described his holding on to Coca-Cola as "a Rip Van Winkle slumber."Buffett, known to drink several cans of Coke a day, clearly loves the product, and he also loves the fact that others feel the same way, too. This brand strength offers the company a moat, or competitive advantage, a key element Buffett looks for in a company. On top of this, the beverage giant has grown earnings over time and rewards investors with dividends.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool