"Berkshire's current portfolio currently reflects the carefully selected stock picks of Buffett and his associates. Thus, whatever's in the company's stock holdings list is worth considering. It may surprise you to learn that 50% of Berkshire Hathaway's portfolio consists of just three stocks. This fact is less shocking, however, when you see the three stocks as they represent top-tier businesses. So, without further ado, let's reveal the three stocks that dominate Buffett's portfolio right now."
"Yet, believe it or not, Apple ( NASDAQ:AAPL) stock shares comprise 21.1% of Berkshire Hathaway's portfolio weighting. That's a huge portfolio portion for just one stock, you must admit. All told, Berkshire Hathaway holds around 238.2 million AAPL shares, representing a 1.6% stake in Apple. Buffett usually doesn't explain why Berkshire Hathaway bought a particular stock. Since he's known as a value investor, we should be able to find a good value in Apple stock."
Warren Buffett is retiring as CEO of Berkshire Hathaway and Greg Abel will assume the CEO role. Berkshire Hathaway's portfolio remains largely composed of Buffett's and his associates' selected stock holdings. Approximately 50% of the portfolio value is concentrated in just three stocks, reflecting top-tier businesses. Apple comprises about 21.1% of the portfolio, with roughly 238.2 million shares held, equal to about a 1.6% stake. Apple's trailing 12-month price-to-earnings ratio is 36.58x, the stock roughly doubled over the past five years, and Apple reported total net sales rising from $391.035 billion to $416.161 billion between the cited quarters.
Read at 24/7 Wall St.
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