Nearly Half of Warren Buffett's $354 Billion Portfolio Is Invested in Just 1 Stock
I don't think many investors out there question that Apple (NASDAQ: AAPL) is one of the best companies in the world. Its incredible track record of innovation has resulted in tremendous financial success, leading to a current market cap of $2.8 trillion.
Berkshire Hathaway, led by legendary investor Warren Buffett, first purchased shares of the tech giant in the first quarter of 2016, a decision that has proved to be remarkably lucrative. Since the start of that year to Sept. 8 of 2023, Apple's stock has soared 577%. This gain beats the Nasdaq Composite Index's 175% rise during the same time. Today, Berkshire holds a $164 billion stake, so the iPhone maker represents 46% of its entire public equities portfolio.
Let's look at some possible reasons why Buffett was probably first interested in this FAANG stock and consider whether investors should buy in right now.
Source Fool.com
Berkshire Hathaway Inc. A Stock
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Berkshire Hathaway Inc. A.
As a result the target price of 650000 € shows a slightly positive potential of 14.94% compared to the current price of 565500.0 € for Berkshire Hathaway Inc. A.
