Warren Buffett's Berkshire Hathaway holds 23.8% of its portfolio in AI growth stocks

From Nasdaq: 2024-11-27 10:00:00

Warren Buffett’s Berkshire Hathaway has seen incredible growth, with a $1,000 stake in the company now worth $39.7 million. Buffett’s investing insights are sought after, especially in the AI sector. Apple, Berkshire’s largest holding at 23.1%, is a major player in AI with its dominant iPhones and AI integration.

While Berkshire has been reducing its Apple position, it now holds a record $325.2 billion in cash and short-term bond investments. Amazon, another AI stock, has seen significant growth with its AWS segment. AI is a key focus for Amazon, with CEO Andy Jassy highlighting the company’s leadership in rolling out new AI features.

Investors contemplating Apple should consider the advice of The Motley Fool Stock Advisor team, who have identified 10 other stocks for potential growth. The service has a strong track record of success, outperforming the S&P 500 since 2002. John Mackey, former CEO of Whole Foods Market, sits on The Motley Fool’s board of directors.



Read more at Nasdaq: Warren Buffett’s AI Bets: 23.8% of Berkshire Hathaway’s $298 Billion Stock Portfolio Is Held in These 2 Artificial Intelligence (AI) Growth Stocks