From Nasdaq:

The Oracle of Omaha, Warren Buffett, has invested heavily in Apple, making it the largest position in Berkshire Hathaway’s investment portfolio. While Apple’s revenue is declining, the company’s profits are growing due to its strong services business that boasts 70% gross margins. Apple’s forward P/E multiple of 29.5 suggests that it’s an underappreciated and misunderstood stock, presenting a potential buying opportunity. If inflation cools, Apple’s top-line growth may return, making it a compelling investment option. The Motley Fool Stock Advisor analyst team identified it as one of the 10 best stocks to buy now.



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