Is It Too Late to Buy Apple Stock?
One of Berkshire Hathaway's most successful investments, from a purely dollar-gain perspective, has got to be (NASDAQ: AAPL).
The conglomerate first purchased shares in the first quarter of 2016, and since the start of that year through the end of 2023, the stock has skyrocketed 631%, representing nearly half of Berkshire's portfolio today at a market value of $169 billion. As of this writing, Apple carries a gargantuan market cap of $2.9 trillion, making it the world's most valuable company.
Even so, some investors might have their eyes on the iPhone maker as a potential portfolio addition. But is it too late to buy this FAANG stock right now? Let's analyze Apple with a fresh perspective to find the answer to that pressing question.
Source Fool.com