3 Reasons Warren Buffett Loves Apple Stock
Regardless of investing experience, almost everyone knows who Warren Buffett is. Especially today, investors are very curious about the Oracle of Omaha's stock portfolio. And why shouldn't they be? As the global economy continues to soften, it's not a bad idea to see where the elite stock picker is putting his cash. Currently, the top holding in Buffett's Berkshire Hathaway investment portfolio is tech giant Apple (NASDAQ: AAPL), and it's by a long shot.
The iPhone maker represents 40.1% of his portfolio today, miles ahead of Bank of America, which is the runner-up at 14.5%. Why does one of the world's most prominent investors love Apple stock so much? That's the million-dollar -- or should I say billion-dollar -- question of the day. Though there are many possible answers, let's discuss three reasons Buffett is the No. 1 fan of Apple stock.
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Source Fool.com
