In Q1, Warren Buffett’s Berkshire Hathaway maintained its massive stake in Apple stock after significant sales to generate cash in preceding quarters.
Harrison Miller for Investor’s Business Daily:
Apple stock is among the top five holdings in Berkshire Hathaway’s portfolio by number of shares. But it is easily No. 1 by market value. As of mid-May, that Apple stake was worth a whopping $66.6 billion.
In fact, Apple could be called the poster child for Warren Buffett stocks due to its strong earnings, returns and management.
Top Buffett stocks tend to be dividend growers. Take Coca-Cola, which has grown dividends for more than 50 years.
Between 1965 and 2024, Berkshire Hathaway’s stock portfolio posted a 19.9% compound annual gain. That is nearly double the 10.4% return of the S&P 500 index, with dividends included… Buffett has owned Coca-Cola and American Express for several decades, and Apple since 2016.
Apple now makes up 28% of Berkshire’s total equity portfolio, up from 6% in 2016.
MacDailyNews Take: One of Warren Buffett’s most famous quotes about holding investments is: “Our favorite holding period is forever.”
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