Warren Buffett’s simple investing strategy focused on identifying companies whose products would remain in demand for decades. A classic example is the Wrigley Company. Ten years into the future, would people stop chewing gum? The answer is most likely no. Buffett would identify such companies and buy their stock at the right price.

One method to determine the right price to buy a stock is to purchase it when its price is below the 200-day simple moving average (SMA).

Currently, one stock meets both these criteria. It belongs to a very popular company whose product will likely remain in demand for decades, and its current stock price is below its 200-day SMA of $65.

The company is Coca-Cola (KO). As of January 16, 2025, Coca-Cola is trading at $62, presenting a great opportunity to buy the stock for potential future gains.