Reported about 2 months ago
Warren Buffett's Berkshire Hathaway strategically holds 29% of its public equities portfolio in Apple, a key player in the ongoing AI boom. While Buffett traditionally hesitated on tech investments, Apple's advancements in AI, which include improved devices and features aimed at enhancing user experience, capture investor attention. However, with its shares currently trading at a high price-to-earnings ratio, analysts caution against buying Apple stock right now, suggesting that it may not present the same growth opportunities as in the past.
Source: YAHOO