Warren Buffett's remarkable success over six decades has turned Berkshire Hathaway ( NYSE:BRK-A )( NYSE:BRK-B ) into a phenomenon with something close to a cult following.
During the third quarter, Warren Buffett's Berkshire Hathaway continued to sell Apple stock and started a new position in Alphabet. Apple is well-positioned to monetize consumer adoption of artificial intelligence, but the stock is expensive at its current price.
Warren Buffett has gradually been increasing Berkshire Hathaway's cash position to a record high level. The move suggests that he's concerned about market valuation and a potential crash in 2026.
Berkshire Hathaway offers compelling diversification and defensive exposure, backed by a $382 billion cash pile for opportunistic acquisitions. BRK.B is attractively valued at a TTM P/E of 22, below its historical average, with an 18% upside to a $590 price target for 12–18 months. Even with a 5–10% FY2026 earnings miss, the company's margin of safety remains robust, supporting double-digit ups...
He may be selling pieces of it, but Bank of America is still one of Berkshire Hathaway's biggest holdings for a reason. Don't let the fact that you've probably never even heard of Chubb dissuade you from owning a stake in the insurer.
Google Cloud should continue to be an important growth driver for Alphabet. Amazon has tremendous growth opportunities in e-commerce and cloud services.
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