From Nasdaq: 2024-11-09 05:15:00

Warren Buffett believes in long-term investing, with many of his largest positions held for decades. Berkshire Hathaway’s top investment, Apple, was worth $100 billion at one point. Buffett compared Apple to iconic companies like Coca-Cola and American Express, praising its business model and brand power. Despite reducing its Apple stake, Berkshire still values the company at $85 billion, making it their top position. Buffett’s concerns about market overvaluation and potential tax increases are driving the trimming of Apple shares.

Buffett remains a fan of Apple but acknowledges the changing investment landscape. Berkshire is amassing a record cash pile amid market uncertainties. Investors are urged not to miss out on potential opportunities, with the “Double Down” stock recommendations showing impressive returns for companies like Amazon, Apple, and Netflix. The time to invest in promising stocks may be now, as highlighted by the experts at Motley Fool Money.

American Express, an advertising partner of Motley Fool Money, has no position in the discussed stocks. The Motley Fool recommends Apple, Berkshire Hathaway, Mastercard, and Visa, emphasizing the importance of making informed investment decisions. Stock Advisor returns, as of November 4, 2024, showcase the potential gains from strategic investing. Don’t overlook the chance to capitalize on promising market opportunities.



Read more at Nasdaq: Warning: Warren Buffett Keeps Selling His Favorite Stock for a Surprising Reason