Sometimes finding fresh investing inspiration can be a challenge, but if you examine billionaire Warren Buffett’s moves, you can find insights from one of the world’s most successful fund managers.
Buffett is many things — a high profile proponent of value investing, a legendary philanthropist and owner of over 60 companies. Now, the “Oracle of Omaha†as he is known, has revealed the fourth-quarter trades of his $191 billion Berkshire Hathaway Inc fund.
The result: a valuable glimpse into which stocks Buffett likes, and which he doesn’t. Bear in mind that the 13F forms filed with the U.S. Securities and Exchange Commission reveal trades made in the last quarter rather than the current quarter, so it is possible that the fund’s positions have since changed. Nonetheless, his moves are still carefully tracked by investors around the world.
Here we also include TipRanks’ stock insights from Wall Street’s best-performing analysts. Does the Street sentiment match Buffett’s latest trades? We look at the outlook on these stocks from the best-performing analysts on Wall Street. These are the analysts that consistently outperform the market with the highest success rate and average return.
Let’s delve in now:
1 Apple (NASDAQ:AAPL)
Apple shares spiked higher on the news that AAPL is now Buffett’s largest investment. Following a 23% increase of AAPL shares, Buffett now holds $28 billion of AAPL stock. This is about 14.6% of the total portfolio. According to Time, Buffett explained that: “Apple strikes me as having quite a sticky product and an enormously useful product to people that use it, not that I do.â€
And Morgan Stanley’s Kathryn Huberty also echoes Buffett’s bullish Apple stance. After examining China’s smartphone stats, she reiterates her buy rating with a $203 price target (18% upside potential). Despite tough competition from local Chinese brands, she believes that “a rising retention rate and a switching rate above peers shows that Apple platform share gains can still accelerate as the market matures.â€
