Is This the Best Warren Buffett Stock to Buy in 2022?
Apple (NASDAQ: AAPL) has turned out to be a hugely successful bet for Warren Buffett over the years as Berkshire Hathaway's investment in the iPhone maker has jumped significantly.
The Oracle of Omaha picked up a 5% stake in Apple in 2016 for $36 billion, which is now worth more than $160 billion thanks to the tech titan's rally over that time. As it turns out, Apple now accounts for more than 40% of Berkshire's equity portfolio, with an Edward Jones analyst dubbing it one of the best investments Buffett has made in the last 10 years. That's especially true considering that Berkshire gets an estimated $775 million in average annual dividends from its Apple stake.
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Source Fool.com
