Here Are Warren Buffett's Biggest Stock Picks
A unique ability to buy winning stocks has made Warren Buffett the sixth richest person on the planet. His past success and folksy wisdom has made him a household name and one of the most-watched investors in the world. Fortunately, following in his stock-picking footsteps doesn't require having his phone number on speed dial. Buffett's investment company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) files its holdings with the Securities and Exchange Commission every quarter and its latest report -- released this week -- reveals 76% of Berkshire Hathaway's $293 billion (yes, billion) portfolio is invested in just five stocks in three sectors.
Warren Buffett's single biggest position -- valued at a jaw-dropping $121.5 billion -- is Apple (NASDAQ: AAPL).
The consumer electronics juggernaut is best known for its cutting-edge computers, smartphones, and tablets, but increasingly, it's profiting from its services segment. Although consumer electronics products still account for the lion's share of Apple's sales, product revenue is highly dependent on new device launches and holiday shopping trends, making consumer electronics revenue "lumpy" throughout the year. Devices are also a relatively low-margin business.
Source Fool.com