Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers — Warren Buffett. Just-released SEC forms reveal a valuable glimpse into stocks Buffett likes (and the stocks Buffett doesn’t like). These are the stocks he poured money into in the second quarter.
Buffett’s stock picks are a popular source for investors, and for good reason. His formidable stock-picking ability has given him the nickname “the Oracle of Omaha” and a fortune of more than $87 billion. And now we can track the latest trades of his $191 billion Berkshire Hathaway fund.
Here we also include TipRanks’ stock insights from Wall Street’s best-performing analysts. Does the Street sentiment match Buffett’s latest stock picks — or is he going rogue with his investing decisions? Let’s take a closer look at the top Warren Buffett stock picks now:
Apple
Apple (Nasdaq:AAPL) is easily Buffett’s largest investment. After missing the tech sector rally, the Oracle of Omaha has been busy plowing money into AAPL. He now has a whopping $46.6 billion invested in the tech giant.
In Q2, Buffett further boosted his AAPL investment by 5%. This means that he has now dedicated almost a quarter of Berkshire’s portfolio to Apple stock.
“I clearly like Apple. We buy them to hold,” Buffett told CNBC in May. “We bought about 5 percent of the company. I’d love to own 100 percent of it. … We like very much the economics of their activities. We like very much the management and the way they think.”
And the stock also has the seal of approval from top Monness analyst Brian White (Profile & Recommendations). “We continue to believe Apple remains one of the most underappreciated stocks in the world with a valuation that remains depressed (13.7x our CY:19 EPS estimate, ex-cash)” cheers White.
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