Prediction: This Will Be Warren Buffett's Second Biggest Holding After Apple by 2027
Anyone who follows Warren Buffett knows that (NASDAQ: AAPL) is the largest position in his Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) portfolio. The technology giant currently makes up a whopping 41.2% of Berkshire's total equity investments.
Which stock ranks second? For now, it's Bank of America (NYSE: BAC). However, the big bank might not hold onto its spot for too much longer. I predict another stock will be Buffett's second biggest holding after Apple by 2027.
First, I fully expect Apple will remain at the top of the list for Berkshire for years to come. Although the conglomerate trimmed its position in Apple a little in the fourth quarter of 2023, Buffett still thinks highly of the company and its management.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 136 Buy predictions and 18 Sell predictions.
With a target price of 223 € there is a slightly positive potential of 10.04% for Apple Inc. compared to the current price of 202.65 €.