Warren Buffett’s Top 5 Stock Picks

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1. Apple Inc. (NASDAQ:AAPL)

Percentage of Berkshire Hathaway’s 13F Portfolio: 42.77%

Berkshire Hathaway’s Stake Value: $125,529,681,000

Number of Hedge Fund Holders: 120

Warren Buffett’s fund began purchasing Apple Inc. (NASDAQ:AAPL) in late 2016. It owns about 887 million shares of the company worth $125 billion as of the end of the third quarter of 2021. The iPhone maker accounts for 42.77% of the fund, making it the most valuable position in Berkshire Hathaway’s portfolio. 

Wedbush analyst Daniel Ives is optimistic about Apple Inc.’s (NASDAQ:AAPL) fiscal Q1 results. Ives believes that the tech giant could sell 40 million iPhones between Black Friday weekend and Christmas. The Wedbush analyst recently stated that there is a 60% to 65% chance that Apple will unveil its own autonomous vehicle by 2025. On November 26, Ives maintained an Outperform rating on the tech stock with a price target of $185. 

In the quarter that ended in September, the California-based tech company’s revenue came in at $83.4 billion, up 29% year over year. 

Despite a drop in the number of hedge funds holding Apple Inc. (NASDAQ:AAPL) in the third quarter, the stock remains one of the most valuable tech stocks among institutional investors. At the end of September, 120 of the 867 funds tracked by Insider Monkey had stakes in the company, compared to 138 the previous quarter.

You can also take a peek at the 10 Infrastructure Stocks to Buy Under $10 and Top 10 Stock Picks of Wen Han Li’s Andar Capital.

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