5 Best Warren Buffett Stocks to Buy Now

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1. Apple Inc. (NASDAQ: AAPL)

Number of Hedge Fund Holders: 127

Apple Inc. (NASDAQ: AAPL) is a multinational tech company manufacturing well-known iPhone smartphones as well as providing online services and software. It is ranked first on our list of 15 best Warren Buffett stocks to buy now. The stock has returned 49.90% to investors over the course of the past year.

On April 28, Apple Inc. (NASDAQ: AAPL) posted earnings for the first quarter of 2021, reporting earnings per share of $1.40, beating estimates by $0.41. The revenue over the period was around $89.58 billion, up 53.63% year-over-year.

At the end of the first quarter of 2021, 127 hedge funds in the database of Insider Monkey held stakes worth $130.91 billion in Apple Inc. (NASDAQ: AAPL). Out of the hedge funds being tracked by Insider Monkey, Warren Buffett’s Berkshire Hathaway has the most valuable position in Apple Inc. (NASDAQ: AAPL) as of the end of the first quarter of 2021, worth close to $108.36 billion, comprising 40.07% of its total 13F portfolio. 

On July 22, Canaccord kept its Buy rating on Apple Inc. (NASDAQ: AAPL) while increasing its price target to $175 from $165, noting that Apple Inc. (NASDAQ: AAPL) will keep benefiting from the 5G development.

You can also take a peek at These Top Hedge Funds are Buying Coinbase and Other Bitcoin Stocks and 10 Biggest Companies and Hedge Funds Bullish on Ethereum.

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