Warren Buffett-Led Berkshire Hathaway Sells Some Apple Stock. Should You?
From Nasdaq:
Berkshire Hathaway made a noticeable move by selling around 10 million shares of Apple (NASDAQ:AAPL), trimming the position by a little over 1%. By the end of 2023, Berkshire held 905.6 million shares of Apple, just over 5.9% of the company. Despite tax-related sales, the move could indicate that Berkshire views Apple as good value, not a growth stock. Berkshire CEO Warren Buffett has praised Apple, admitting it was a mistake to sell shares. Berkshire remains Apple’s largest shareholder, and the decision to keep its position relatively unchanged could indicate Berkshire’s confidence in Apple’s business, particularly with buybacks boosting EPS and owning a higher percentage of the company. Buffett and his team don’t seem too concerned about Apple’s current slowdown or its valuation, emphasizing the importance of a strong portfolio of stocks that include value-based opportunities. Apple, which made a $3.8 billion dividend payment and purchase $20.1 billion worth of stock during the same quarter, out of favor on Wall Street right now, but that could change rapidly if fundamentals improve. Apple has become Berkshire’s largest holding due to its genius move in acquiring Apple stock in 2016. Berkshire’s decision to leave its Apple position mostly unchanged makes sense, given the company isn’t exhibiting significant growth. As Market volatility continues, if the broader market continues to become more expensive and Apple languishes, it will begin to look like a better value. On the other hand, if the broader market continues to become more expensive, and Apple languishes, Apple will begin to look like a better value. Apple is a stock worth putting on the top of a watchlist or buying a starter position in if you don’t own any. Apple’s direct rival, Microsoft, offers better growth opportunities for investors. The Motley Fool Stock Advisor suggested other alternative stocks to consider instead of Apple, consider this. They identified 10 best stocks for investors to buy now… and Apple wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. With an easy-to-follow blueprint for success, regular updates from analysts, and two new stock picks each month, Stock Advisor is well-positioned to help investors make a sound investment. This is a high recommendation based on its consistent tripled stock advise return history. Of important notes, Berkshire is an advertising partner of The Ascent, a Motley Fool company. Apple’s valuation is down slightly year-to-date, opening up a potential opportunity for investors to find value in the tech giant’s stock price. The Motley Fool has a disclosure policy. The brokerage allows investors to purchase and possesses long-term industry stocks. Daniel Foelber, a professional financial analyst, has no positions in any Berkeley Adobe Inc. shares or respective stocks, and Chelsea Folger has no positions in Oracle shares or respective stocks. Daniel Foelber has no position in any of the stocks mentioned as part of the stock recommendation, and Chelsea Folger discloses no positions in any stocks mentioned as part of the recent stock advice. To conclude, Daniel Foelber has no positions in any stocks mentioned as part of stock advice. The Motley Fool has identified and recommends Apple Inc., American Express, Berkshire Hathaway, Oracle, and Apple Inc. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft, long January 2026 $395 calls on Microsoft, and short January 2026 $405 calls on Microsoft. Any additional third-party names mentioned are for portfolio indication and purchase information only and contains no representation to confirm against others’ profitability status. Advertisements from third-party brokerages and advertisement-containing endorsements do not necessarily reflect those on market shares and company revenue.
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