1 Top Buffett Stock to Buy and Hold for the Long Haul
Investing icon Warren Buffett built his legend around decades of market-beating value picks. His strategy has changed in recent years, giving a few high-growth tech stocks a place at Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) elite table.
You might think I'm here to recommend Apple (NASDAQ: AAPL), which is the largest holding in Berkshire's portfolio nowadays. Close, but no cigar. I have nothing but respect for the iPhone maker, but its revenue growth has stalled out since 2022, and even Buffett sold 10 million Apple shares last year. The stock still accounts for nearly 42% of Berkshire's stock holdings, but I'm more interested in one of his smaller tech bets.
That would be Amazon.com (NASDAQ: AMZN). The e-commerce retailer and cloud computing pioneer represents just 0.5% of Buffett's stock holdings, and the position is only five years old. However, Buffett is kicking himself for not getting into Amazon earlier -- and it's still one of the most promising tech stocks in today's market.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Our community is currently high on Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 15.25% for Berkshire Hathaway Inc. A compared to the current price of 564000.0 €.
