Reported 3 months ago
Warren Buffett and Berkshire Hathaway have been selling off their Apple shares, raising questions for other investors about whether to do the same. Buffett aims to capitalize on lower capital gains tax rates before potential future increases, despite Apple’s stock trading at a high valuation without significant growth. Analysts suggest that Apple's current price may not be justified by its performance, implying that investors might want to consider exiting the stock in favor of cheaper alternatives with better growth prospects.
Source: YAHOO