Warren Buffett Keeps Buying These 3 Stocks

Warren Buffett Keeps Buying These 3 Stocks

Warren Buffett Keeps Buying These 3 Stocks We all know that Warren Buffet is matchless when it comes to investing. But as impressive as he is himself are his strategies. The Oracle of Omaha does not fail to surprise us. Each move he does is unexpected. This is clearly evident from the 13 F filings recently released. The report unveiled all his big moves, including the major stocks he bought and sold. Among these are three stocks that hold special value. But what made Buffet choose them? Let’s see it in this video. Warren Buffet has taken a lot of flak in recent years for sitting on his cash as the market soared. All of that, of course, has altered this year. At the close of business last year, Berkshire's cash reserves amounted to a staggering $143.85 billion. At the end of Q1, that figure had dropped to 102.69 billion. This means that Buffet is on a shopping spree. A spree in which he spent a mind-boggling $40 billion. Starting off Buffet’s shopping list is Apple. After seeing a drop in q2, it was at the beginning of this most recent quarterly that Berkshire added to their holdings of Apple, which is their most valuable asset. It is interesting since it provides insight into how Buffet analyzes stock prices. According to him, 130 to 150 dollars for a stock of Apple was fair. Thus, he bought it happily. The purchase of over 4 million additional Apple shares during the quarter brought Berkshire's total number of shares in the iPhone manufacturer to 894.8 million, making it the single largest investment the company has ever made. Warren Buffett disclosed to CNBC's Becky Quick the day after Berkshire Hathaway's annual meeting that he bought the dip in his top stock during the first quarter. Quick was informed by the rich investor that he had purchased Apple Inc. shares for $600 million. The price of the shares dropped throughout the subsequent three trading days. According to the data, as of the 31st of December, the value of the holding was $157.5 billion, representing around 47% of the equity portfolio of Berkshire. This year, there has been a downward trend in the share price of the Cupertino, California-based company that manufactures popular consumer electronics products such as the iPhone, iPad, and Apple Watch. Concerns about supply chain constraints and rising interest rates have contributed to this trend. Throughout the course of the first quarter, it experienced multiple multiday losing streaks. It has lost somewhere in the neighborhood of 12% so far this year. In his annual letter for 2021, Buffett referred to Apple as one of the four giants adding that these businesses account for a very big percentage of Berkshire's assets. According to him, the company is second-most significant in its cluster, behind its insurers, and the CEO is the primary reason for this. In addition, Berkshire has received consistent dividends from the company throughout the years, with an annualized average of approximately $775 million. Berkshire began establishing a position in Apple in 2016 under the persuasion of Buffett's two deputies, Ted Weschler and Todd Combs, even though Buffett has a reputation for avoiding investments in industries or firms outside of his circle of expertise. As of the conclusion of the fourth quarter in 2021, the multinational conglomerate owned 5.44% of the company, making it its largest shareholder.