Warren Buffett’s Berkshire Hathaway revealed a new position in Google parent Alphabet in its third-quarter 13F filing, with 17,846,142 shares worth nearly $4.4 billion. Google’s stock is up over 46% year-to-date and more than 12% in the past month, making it the top-performing Magnificent 7 stock. Wall Street analysts have a “Strong Buy” consensus rating on Alphabet with an average price target of $315, implying a 14% upside potential. Berkshire also increased positions in Chubb, Sirius XM, Lamar Advertising, and Domino’s Pizza, while trimming holdings in Apple, Bank of America, and DaVita in the third quarter.

Read more at Barchart: Barchart’s Technical Indicators Are Flashing ‘Buy’ as Warren Buffett Loads Up on 17.8 Million Shares of Google Stock