Scoop Up These 3 Warren Buffett Stocks on the Market Correction By

Warren Buffett is one of the most successful investors of this century. Retail investors have piggybacked on his portfolio as an investment guide for a long time now. As analysts are anticipating a market correction soon, Warren Buffett stocks Visa (V), Coca-Cola (KO), and Kroger (NYSE:) could be ideal buys.Warren Buffett, also known as the ‘Oracle (NYSE:) of Omaha,’ is one of the most prolific investors of the 21st century. Buffett owned Berkshire Hathaway’s Inc. (BRK.A) cash pile reached new highs to $149.20 billion in the third quarter, topping the record set in early 2020.

The consumer price index surged 6.2% last month, marking its biggest gain in 30 years. Market bull Jeremy Siegel has warned that a market correction may be imminent if another hot inflation report comes in. Moreover, the concerns over the global economic recovery due to the emergence of the omicron coronavirus variant could keep the market under pressure.

As of September 30, Buffett held 9.56 million shares of Visa Inc . (NYSE:), 400 million of The Coca-Cola Company (NYSE:), and 61.79 million shares of The Kroger Co . (KR). Given these companies’ strong fundamentals and significant market share, they might be solid bets to hedge your portfolio against the market correction.

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