5 Best Long-Term Stocks To Buy According To Warren Buffett

1. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 140

Berkshire’s Holding Period: 7 Years

Berkshire’s Stake Value: $116,305,043,218

Apple Inc. (NASDAQ:AAPL) is the largest position of Berkshire Hathaway, and the stock has consistently featured on the Buffett portfolio for 7 years. In Q4 2022, Buffett owned more than 895 million shares of the company worth $116.30 billion, representing 38.89% of the total 13F securities. In Q4, Buffett increased his stake in Apple Inc. (NASDAQ:AAPL) by 1%. 

On February 14, Brandon Nispel, an analyst at KeyBanc, maintained an Overweight rating on Apple Inc. (NASDAQ:AAPL) and set a $177 price target for the shares. The analyst believes that user growth is more important than short-term disruptions in sales volume. 

According to Insider Monkey’s Q3 data, Apple Inc. (NASDAQ:AAPL) was part of 140 hedge fund portfolios, compared to 128 in the last quarter. 

Here is what Distillate Capital has to say about Apple Inc. (NASDAQ:AAPL) in its Q3 2022 investor letter:

“The largest new purchase was Apple Inc. (NASDAQ:AAPL), which after underperforming saw its valuation improve significantly. Over the course of the last year, Apple’s consensus estimated forward free cash flows rose modestly, while its enterprise value fell by around 30%. Apple ranks below the 25th most attractive name in the portfolio and so its weight is capped at 4% vs. 6% for names in the top quartile.”

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