Why I Think Warren Buffett Made the Right Move by Selling Apple -- Even Though I Love the Company
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) sold about half of its massive Apple (NASDAQ: AAPL) investment in the second quarter of 2024, and this helped drive the company's cash stockpile up to an all-time high of $277 billion. In this video, longtime Fool.com contributors Matt Frankel and Dan Caplinger discuss why they're fans of the move, even though they like Apple as a business.
*Stock prices used were the morning prices of Aug. 21, 2024. The video was published on Aug. 22, 2024.
Source Fool.com
Apple Inc. Stock
€207.10
-0.120%
Currently there is a rather positive sentiment for Apple Inc. with 146 Buy predictions and 17 Sell predictions.
With a target price of 228 € there is a slightly positive potential of 10.09% for Apple Inc. compared to the current price of 207.1 €.
