1 Warren Buffett Stock to Buy Hand Over Fist in 2023
According to one account, Warren Buffett first invested in Apple (NASDAQ: AAPL) in 2016 after hearing how devastated a Berkshire Hathaway director was after losing their iPhone in a taxi ride. The director described the experience saying, "I felt like I lost a piece of my soul." The anecdote prompted Buffett to take a closer look at Apple, and ultimately determine its products had become indispensable to many people.
Since then, Apple has become 38% of Berkshire Hathaway's portfolio, by far the largest holding. The second biggest is Bank of America at 10.6%.The iPhone company displays many characteristics Buffett looks for in a strong investment, including strong leadership, consistent long-term growth, and unique products that encourage brand loyalty.
Here's why Apple is one Warren Buffett stock to buy hand over fist in 2023.
Source Fool.com
