5 Best Long-Term Stocks To Buy According To Warren Buffett

3. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 135

Both hedge funds and Wall Street analysts are in agreement regarding the long-term investment potential of Apple Inc. (NASDAQ:AAPL). Several factors contribute to this consensus, including Apple’s robust product portfolio, significant growth in services and software, and the company’s ongoing commitment to innovation and long-term strategic goals. Apple has been a favored investment of billionaire Warren Buffett for many years.

Apple Inc. (NASDAQ:AAPL) has increased its dividends for 11 consecutive years. In its most recent quarter, the company returned $24 billion to shareholders through a combination of dividends and share repurchases. As of October 26, the tech giant pays a quarterly dividend of $0.24 per share, with a dividend yield of 0.58%.

Our hedge fund data for the second quarter shows 135 hedge funds long Apple Inc. (NASDAQ:AAPL). Their total stake value was $194 billion. Holding 915.6 million shares in the company, Warren Buffett’s Berkshire Hathaway was the largest stakeholder in Apple Inc. (NASDAQ:AAPL) at the end of the second quarter.

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