WSJ ran an article on Warren Buffet's latest investment advice from the shareholder's meeting.
Previously I wanted to buy a share or two of the class B stock so I could go to the event in Omaha. Then I found out in 2008 that Buffet is a Democrat. And also after the B stock split, I sort of lost interest.
Anyway, his favorites: KO (thinking the dividend will double), SNY (cheap relative to what BH paid previously), KFT (depressed due to the takeover of Cadbury), JNJ (cheap stock, fair dividend), WMT (not interested in China-Mart, though), BRK.B (currently 1.3x book versus the 1.6 historical average), and WFC (not interested since they're anti-gun).
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