68% of Birkhel invested in five stocks, the most popular of which was

Of the investment portfolio of Greg Abel, the new Chief Executive Officer of Birkhel Khazawe, 68 per cent was invested in only five equities. The five stocks are Apple, American Express, Coca-Cola, American Bank and Chevron. Abel reduced the portfolio to 30 holding warehouses, focusing on core firms with competitive advantages and stable returns. American Express has a unique business model that relies on its closed network, which is able to charge fees for each transaction and attracts a large number of high-income clients. Despite the risk of economic recession, its client base is being rejuvenated and companies continue to introduce products that attract young consumers。