Reported about 2 months ago
Warren Buffett has made a surprising shift in his investment strategy by selling nearly half of Berkshire Hathaway's shares in Apple, a long-time staple, and acquiring about 700,000 shares in Ulta Beauty. Despite Ulta's recent drop in stock price due to external economic pressures, Buffett's investment reflects his belief in its strong brand positioning and potential for recovery, suggesting that it might be a valuable opportunity for investors with a long-term perspective.
Source: YAHOO