Pivoting to Coca-Cola, its top line is projected to increase by 1% in FY24 and is expected to expand another 4% in FY25 to $48.02 billion. Coca-Cola is now expected to post 6% EPS growth in FY24 with annual earnings projected to increase another 3% in FY25 to $2.96 per share.

Companies that make shareholders wealthy must be efficient and profitable, and Coca-Cola meets both criteria. In a given year, the company converts roughly 20% to 30% of its sales into free cash flow and earns a solid 15% return on invested capital. In other words, good things happen when Coca-Cola invests in the business.

The stock's rise snapped a three-day losing streak.

Coca-Cola’s brand and global reach keep it steady, especially with strong sales in international markets. Click here to find out why I'm neutral on KO stock.

Warren Buffett is probably the most famous investor alive today, drawing followers who want to replicate his success. But, oddly enough, his investing portfolio is replete with what the market would label "boring" stocks,