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This dividend stock has a strong competitive advantage, which Warren Buffett likes in an investment.
Fool.com contributor Parkev Tatevosian discusses one dividend stock in Warren Buffett's Berkshire Hathaway (BRK.B 0.11%) (BRK.A -0.16%) portfolio that long-term investors will appreciate.
*Stock prices used were the afternoon prices of June 29, 2023. The video was published on July 1, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway. The Motley Fool recommends United Parcel Service. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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