Warren Buffett announced he will step down as CEO of Berkshire Hathaway at the end of the year, remaining as Chairman of the Board. His successor, Greg Abel, will take over the CEO position. Despite this leadership change, many S&P 500 companies are reporting strong second-quarter earnings. Some of Buffett's top holdings are also showing impressive numbers. A screening of dividend stocks related to Buffett showed four companies suitable for growth and income investors, reinforcing Buffett's investment philosophy of buying reputable companies known worldwide that pay dividends.
Many of the top U.S. stocks, especially in the technology arena, are posting outstanding results during second-quarter earnings season.
Berkshire Hathaway has sold off some since the announcement of Buffett stepping down, but many of its top holdings are posting stellar numbers.
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