Is Apple the Best Warren Buffett Stock to Buy Right Now?
Of all the stocks that Warren Buffett's Berkshire Hathaway owns, few are regarded as highly as Apple (NASDAQ: AAPL), which makes up nearly half of Berkshire's portfolio. Furthermore, the conglomerate appears comfortable loading up on the stock, as Berkshire purchased an additional 20 million shares during the first quarter, increasing its stake by about 2%.
That was only one of six stocks Berkshire purchased in Q1, so clearly, Berkshire sees some value. But is it really the best Buffett stock to purchase right now? Let's find out.
Apple's products have taken over the personal consumer electronics segment in the U.S. With a 53% market share in the U.S., Apple now holds the majority of this market. Furthermore, 79% of consumers age 18 to 24 prefer Apple's operating system to Android.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 7.97% for Berkshire Hathaway Inc. A compared to the current price of 602000.0 €.
