This Warren Buffett Stock Has a Challenging Road Ahead. Here's Why It's Still a Buy.

Investing sage Warren Buffett spent decades investing in sectors such as financial services and industrials. On the surface, having limited exposure to high-growth, flashy technology companies seemed counterintuitive. However, Buffett's investing style has always revolved around cash-flowing businesses. In other words, what good is a company that grows its top line by 50% (or more) if it can't turn a profit?

Well, in 2016 the Oracle of Omaha made a surprising move when he initiated a position in (NASDAQ: AAPL). Over the last several years, Buffett has built such a large position in the company that Apple is now his top holding.

Let's dig into Apple's business and analyze why the traditionally tech-shy Buffett has evolved into a cheerleader for the iPhone maker.

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Source Fool.com