From NASDAQ: 2024-04-29 05:50:00

Warren Buffett’s top stock holding in Berkshire Hathaway is Apple, making up 41.2% of their total equity investments. Bank of America currently holds second place, but it may not retain the spot for long as another stock could overtake it by 2027.

Apple is expected to maintain its position as the top holding for Berkshire, despite some trimming of its position. Artificial intelligence could drive growth for Apple in the future, keeping it at the top of the list. American Express could potentially move past Bank of America to become the second-largest holding.

Occidental Petroleum could potentially surpass Bank of America and other top holdings to become Buffett’s second largest holding. Buffett has shown strong support for Oxy and has been actively accumulating shares, positioning it for potential growth in the coming years in the oil sector.

Investors considering Occidental Petroleum should be aware of potential risks and opportunities in the oil market. While it could become a top performer, it was not included in the 10 best stocks identified by Stock Advisor. Investors should weigh their options and consider the guidance provided by analysts for a well-rounded investment strategy.



Read more at NASDAQ: Prediction: This Will Be Warren Buffett’s Second Biggest Holding After Apple by 2027