Almost Half of Warren Buffett-led Berkshire Hathaway's $370 Billion Portfolio Is Invested in Only 1 Stock
The average investor can improve his or her potential for returns by following successful investment managers. And there's perhaps no one better to look to than the great Warren Buffett.
The company that the Oracle of Omaha heads, Berkshire Hathaway, has a massive equity portfolio worth $370 billion. Among the numerous holdings, it's easy to notice that (NASDAQ: AAPL) currently represents a whopping 48% of the total.
Let's try to figure out the reasons why Buffett first bought shares in the tech giant, and then assess whether Apple is a smart stock to buy right now.
Source Fool.com
Apple Inc. Stock
€171.96
6.520%
Currently there is a rather positive sentiment for Apple Inc. with 83 Buy predictions and 6 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 15.72% for Apple Inc. compared to the current price of 171.96 €.
