Prediction: Buffett's Decision to Offload Apple and Bank of America Stock Could Pay Off In Spades. Here's Why.
One of the bigger storylines in financial headlines as of late revolves around some big moves made by Berkshire Hathaway CEO, Warren Buffett.
According to Berkshire's latest quarterly earnings filing, the investment firm sold nearly half its stake in Apple (NASDAQ: AAPL). Considering Apple is Berkshire's largest position by a wide margin, seeing such a significant sale of the stock warrants some attention.
On top of that, a series of recent Form 4 filings revealed that Berkshire also offloaded a good chunk of one of its favorite dividend stocks, Bank of America (NYSE: BAC).
Source Fool.com
Berkshire Hathaway Inc. A Stock
€588,000
0.430%
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 10.54% compared to the current price of 588000.0 € for Berkshire Hathaway Inc. A.
