Forget the "Magnificent Seven": Warren Buffett Has Plowed $73.6 Billion Into This Stock Since 2019 Instead
The "Magnificent Seven" is a moniker Bank of America analyst Michael Hartnett coined to describe a group of America's largest technology stocks, which handily outperformed the S 500 index in 2023. The Magnificent Seven includes:
Last year, the Magnificent Seven stocks returned an average of 112%, obliterating the 24% gain in the S 500. Considering most of these companies operate on the front lines of the artificial intelligence (AI) revolution, it's impossible not to pay attention to them.
But let's set the group aside for a moment and talk about Warren Buffett, considered one of the most successful investors of all time. He's run the Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) investment company since 1965, and during the past five years alone, he's plowed more money into one particular stock than any other in all of his 58 years at the helm.
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 14.84% for Berkshire Hathaway Inc. A compared to the current price of 566000.0 €.
