From Nasdaq: 2024-11-14 09:15:00

Warren Buffett has been selling shares of Apple, reducing its position in Berkshire Hathaway’s portfolio for four consecutive quarters. With a growing cash balance of over $325 billion, Buffett may be cautious about buying opportunities. However, Apple’s value remains strong as one of the world’s most valuable stocks at $3.4 trillion.

Although Apple’s stock is not cheap, trading at 37 times its trailing earnings, it remains a solid long-term investment due to its vast user base and ecosystem. Berkshire’s selling of Apple stock may not be a red flag for investors, but the high valuation should prompt caution for potential buyers.

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Read more at Nasdaq: Billionaire Investor Warren Buffett Sold Apple Shares for a Fourth Straight Quarter. Should Investors Be Worried?