13 Best Long-Term Stocks to Invest in According to Warren Buffett

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1. Apple Inc. (NASDAQ:AAPL)

Berkshire Hathaway’s Investment Stake: $57,447,600,000

Berkshire Hathaway’s First Major Purchase: Q1 2016

Number of Hedge Fund Holders: 156

Apple Inc. (NASDAQ:AAPL) is one of the best long-term stocks to invest in according to Warren Buffett. On August 22, Apple began early discussions with Google to potentially integrate its Gemini AI into a revamped version of Siri. The move could mark a major upgrade for Apple’s voice assistant as it seeks to catch up in the generative AI race. The goal is to create a more capable foundation for a new Siri, with a potential debut as early as 2026.

Apple is conducting an internal “bake-off” to compare its own AI model, code-named Linwood, with external models, including Google’s Gemini, code-named Glenwood. No final decision has been made on whether to use an external partner or stick with Apple’s in-house model, with a decision expected in the coming weeks. Earlier in the year, the company held discussions with OpenAI and Anthropic to explore using their AI models for this task. However, negotiations stalled due to high fees, prompting the current talks with Google.

Apple’s software engineering chief, Craig Federighi, described the Siri project as a “second-generation” architecture, stating, “This has put us in a position to not just deliver what we announced, but to deliver a much bigger upgrade than that we envisioned,” emphasizing an “end-to-end revamp” for advanced personalization features.

Apple Inc. (NASDAQ:AAPL) is a technology company. It designs, manufactures, and markets consumer electronics, software, and digital services worldwide. The company’s flagship products include the iPhone, iPad, Mac, and Apple Watch. It also operates a services segment that encompasses the App Store, Apple Music, Apple Pay, and iCloud.

While we acknowledge the potential of AAPL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AAPL and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Mid-Cap Value Stocks to Buy Right Now and 10 Must-Buy US Stocks to Invest In.

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