Warren Buffett Unloaded More Apple Shares in Q3, but Other Billionaires Were Buying. Is It a Buy, Sell, or Hold?

Warren Buffett's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has been one of Apple's (NASDAQ: AAPL) largest shareholders in recent years. Buffett originally invested in Apple in late 2016, and by the end of 2023, Buffett's Berkshire held $174 billion worth of shares. But something seems to have changed Buffett's thinking toward the Apple investment. As of the third quarter, Berkshire's Apple stake had been cut to 300 million shares, down from over 905 million shares in 2023. Earlier this year, Buffett said that, "unless something really extraordinary happens," Berkshire would still own Apple shares when he was no longer CEO. It's worth noting that other billionaire investors were buying Apple shares in Q3, including Ole Andreas Halvorsen of Viking Global Investors and John Armitage of Egerton Capital. These mixed signals beg the question: Is Apple still an attractive investment, or should you follow Buffett's lead and take some profits?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool