Warren Buffett's "Magnificent Seven" Artificial Intelligence Bets: 48.5% of Berkshire Hathaway's $365 Billion Portfolio Is in These 2 AI Stocks
Berkshire Hathaway CEO Warren Buffett used to have a reputation for avoiding technology sector investments because of the complexities involved. On the other hand, it's probably fair to say the Oracle of Omaha changed his tune. Today, over half of Berkshire's stock portfolio is made up of technology-focused businesses. Even more striking, 48.5% of its $365 billion portfolio is actually held in just two "Magnificent Seven" stocks.
Named for their incredible sizes, resources, and technology advantages, the Magnificent Seven is a group that includes Microsoft, Apple (NASDAQ: AAPL), Alphabet, Amazon (NASDAQ: AMZN), Nvidia, Meta Platforms, and Tesla. Each of these technology giants is a major player in the artificial intelligence (AI) revolution. But notably, only two of them have attracted investment from Berkshire Hathaway.
Image source: The Motley Fool.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 15.86% compared to the current price of 561000.0 € for Berkshire Hathaway Inc. A.
