From Nasdaq: 2024-04-08 04:35:00

Warren Buffett’s Berkshire Hathaway owns a $369 billion portfolio, with Apple making up 41.4% as the largest holding. Apple’s strong brand and profitability attracted Buffett in 2016, with a P/E ratio of 10.6. Despite its success, Apple’s current P/E ratio of 26.3 and modest growth prospects suggest caution in buying.

Buffett may hold onto Apple for tax reasons or due to Berkshire’s cash problem. But with Apple’s stagnant sales and growth forecasts, buying now doesn’t seem wise. The Motley Fool recommends looking elsewhere for potential monster returns, as Apple didn’t make their top 10 stock picks list. Keep an eye on Apple’s valuation and growth potential before investing.



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