Warren Buffett sold $133 billion in stocks in 2024, keeping Apple and Bank of America.

From Nasdaq: 2025-01-05 10:15:00

Warren Buffett’s Berkshire Hathaway has sold $133 billion in stocks in 2024, reducing its Apple and Bank of America holdings. Buffett is raising cash in a market trading high at 30 times earnings. Berkshire’s stock portfolio is 70% Apple, American Express, Bank of America, and Coca-Cola. Coca-Cola, a long-time Buffett investment, has steadily grown earnings. American Express, another Buffett holding, shows strong growth potential with a wide competitive moat. Both companies offer dividends and steady growth prospects. Consider joining the Motley Fool Stock Advisor for investment advice on the 10 best stocks to buy now.



Read more at Nasdaq: Warren Buffett Sold $133 Billion Worth of Stocks in 2024: Here Are 2 He’s Not Selling