Warren Buffett’s Top 5 Stock Picks

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1. Apple (NASDAQ: AAPL)

Warren Buffett is bullish on Apple (NASDAQ: AAPL) and his investment management firm has been benefiting from the big stake in the technology giant. Although Berkshire decreased its position in Apple by 6% during the fourth quarter, the stock holding still accounts for 43% of the overall portfolio. Shares of Apple rallied close to 63% in the last twelve months.

Alger Spectra Fund highlighted few stocks including Apple is an investor letter. Here is what Alger Spectra Fund stated:

“Apple is a leading technology provider in telecommunications, computing, and services. Apple’s iOS operating system is the company’s unique intellectual property and competitive strength. This software drives extremely tight engagement with consumers and enterprises. This tight engagement is facilitating significant growth in high-margin services like streaming music, apps, and Apple Pay. Apple’s continued development of high-margin services and earnings streams for wearable devices as well as the potential contribution of 5G phones to the company’s growth supported the performance of Apple shares.”

You can also take a peek at 25 Highest Earning Billionaires in 2020 and 15 Biggest Wine Companies In The World.

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