3 Reasons Apple Is a Warren Buffett Stock
Warren Buffett's investing prowess has become legendary. The chairman of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) started buying stocks as a child and has built a net worth of more than $90 billion. Hence, while you always have to do your own homework, it's not a bad idea to start with popular shares owned by his company.
And its top holding remains Apple (NASDAQ: AAPL), valued at over $125 billion as of June 30. Berkshire remains one of Apple's largest shareholders, with a 5.6% stake at the start of the year. Let's delve into what attracts Buffett to Apple's stock.
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Source Fool.com
