5 Best Warren Buffett Stock Picks for Beginners

4. Apple Inc. (NASDAQ:AAPL)

Percentage of Warren Buffett’s Stock Portfolio: 51%

Number of Hedge Fund Holders: 135

Apple Inc. (NASDAQ:AAPL) is one of the most successful and biggest tech companies in the world that manufactures and sells phones, tablets, computers, and related accessories and services.

While Apple Inc. (NASDAQ:AAPL) did not roll out any AI products like its competitors did earlier, it has recently been revealed that it is rushing to jump into the AI-driven market. According to Bloomberg, the company will be investing $1 billion every year to revolutionize its products with AI integration. Moreover, it was reported in July that the company was internally working on bringing out software to rival ChatGPT and it is called Ajax.

In Q2, hedge fund sentiment was positive toward Apple Inc. (NASDAQ:AAPL) as 135 hedge funds owned a stake in the company compared to 131 in the prior quarter. Apple Inc. (NASDAQ:AAPL) is one of the best Warren Buffett stock picks for beginners.

Apple Inc. (NASDAQ:AAPL) released the iPhone 15 series in September 2023. While the phone has not caught popularity in China yet, it is being well received in the U.S. According to initial sales figures reported by Counterpoint Research, the total sales units witnessed double-digit growth in the first 9 days of the release of the series. The report mentioned that there has been robust demand for Base, Pro, and especially Pro Max models. Lastly, iPhone 11 and iPhone 12 users are expected to upgrade to the new series.

Apple Inc. (NASDAQ:AAPL) was mentioned in Aristotle Atlantic Partners, LLC’s third quarter 2023 investor letter. Here is what it said:

“Apple Inc. (NASDAQ:AAPL) contributed to outperformance in the third quarter, as a result of the underweight position relative to the benchmark. Following a very strong first-half performance, the stock saw a pullback ahead of the iPhone 15 launch, as investors weigh the potential growth from the new phone in the face of macroeconomic headwinds and slowing consumer spend.”

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