From Nasdaq: 2024-05-15 06:30:00

Warren Buffett’s company Berkshire Hathaway has seen average annual returns of almost 20%. Two of Buffett’s top picks right now are Apple and Berkshire itself. Apple, valued at $135 billion in Berkshire’s portfolio, boasts strong customer loyalty and impressive cash flow. Berkshire’s ongoing share buybacks show confidence in the company’s value.

Buffett’s $135 billion bet on Apple highlights his shift towards technology investments. Apple’s iconic status, strong cash flow, and massive R&D spending make it a favorite. While Berkshire did trim its Apple stake due to tax considerations, Buffett still believes it’s a top investment. With Apple likely remaining his biggest position, it’s a solid choice despite its price.

Berkshire Hathaway’s share buybacks and Buffett’s confidence in its value make it an attractive investment. Despite potential tax implications, Buffett sees buying back shares as an efficient use of cash. While Berkshire shares may not be at their cheapest, ongoing buybacks suggest a solid long-term bet. Consider Berkshire for a balanced investment strategy.

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