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:
AppleÂ
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.â€
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.
