Berkshire Hathaways Stocks Show Impressive Growth in Q2 2024

The creator of Berkshire Hathaway, Warren Buffett, has continuously beaten the market with his dependable, logical, yet unorthodox investing methods. His long-held stocks, Coca-Cola and American Express, have recently updated investors with important information. Coca-Cola`s Q2 2024 revenue increased 3% YoY, while organic revenue rose 15%. The company`s management raised guidance for the full year, expecting organic revenue growth of 9% to 10% and comparable, currency-neutral EPS growth of about 14%. This is high despite the inflationary environment and higher than pre-pandemic growth levels. Coca-Cola is also leveraging its global distribution network and data to generate higher sales and become more efficient, using AI to provide accurate recommendations for local distributors based on local consumer habits.