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benzinga.com
185 days

Berkshire Hathaway Adjusts Portfolio, Keeps Apple Stake Unchanged, Offloads Stakes in BofA - Apple (NASDAQ:AAPL), Bank of America (NYSE:BAC)

1. Berkshire Hathaway retains its 300 million shares of AAPL, valued at $75.1 billion. 2. Buffett's upcoming letter could provide insights into investment strategies. 3. Berkshire reduced stakes in financial stocks, signaling a strategic shift. 4. Confidence in AAPL's performance as other tech stocks are sold off. 5. New investments in diversifying sectors highlight portfolio strategy changes.

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FAQ

Why Bullish?

Berkshire's unchanged stake indicates continued confidence in AAPL, similar to past retention strategies.

How important is it?

Berkshire's portfolio decisions can influence investor sentiment towards AAPL significantly.

Why Long Term?

Berkshire typically invests for the long haul; stability suggests healthy AAPL prospects.

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