Warren Buffett and Billionaires Are Crazy About These 5 Stocks

This article presents an overview of the Warren Buffett and Billionaires Are Crazy About These 5 Stocks. For a detailed overview of such stocks, read Warren Buffett and Billionaires Are Crazy About These 15 Stocks.

5. Apple Inc (NASDAQ:AAPL)

Number of Billionaire Investors: 19

Apple Inc (NASDAQ:AAPL) is the biggest holding of Warren Buffett as Berkshire Hathaway owns a $157 billion stake in Apple Inc (NASDAQ:AAPL) as of the end of the third quarter of 2023. A total of 19 billionaires had Apple Inc (NASDAQ:AAPL) shares in their portfolios heading into the fourth quarter of 2024. In addition to Warren Buffett, Ken Fisher D. E. Shaw, Cliff Asness Israel Englander, among other billionaires, had stakes in Apple Inc (NASDAQ:AAPL).

Here is what White Brook Capital has to say about Apple Inc. (NASDAQ:AAPL) in its Q3 2023 investor letter:

“The magnificent seven, that underpin the S&P 500 performance, which includes Apple Inc. (NASDAQ:AAPL), now comprise almost 30% of the market capitalization of the S&P500. At least three of the seven stocks have heightened downside risk and suffer from already high penetration, weakening end markets, competitive risk, and lofty valuation. They have been remarkably resilient to increased interest rates and the potential for slowing growth. Small and midcap stocks, on the other hand, have been systemically penalized by fears of recession and continue to price that eventuality even as significantly better outcomes have become more probable. Today, it’s relatively easy to find attractive investments in this segment.”