Almost Half of Warren Buffett’s $374 Billion Portfolio Is Invested in Only 1 Stock
From Nasdaq: 2024-04-28 04:10:00
Berkshire Hathaway’s $374 billion public-equities portfolio includes Apple, which makes up 41% of the entire portfolio and has seen a 542% increase since 2016. This investment was based on Apple’s brand strength, pricing power, and financial position in 2016, but current valuations may not justify future returns.
Investors should be cautious about investing in Apple at its current valuation, as the company is in a mature stage of its product lifecycle. Analysts predict modest growth rates for the next three fiscal years, making a significant pullback necessary before considering investing in Apple stock. The Motley Fool Stock Advisor team recommends 10 other stocks for potential monster returns instead of Apple.
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