One of Warren Buffett’s last moves as Berkshire CEO was to buy this ‘Magnificent Seven’ tech stock
1. Berkshire initiated a stake in Alphabet worth nearly $5 billion. 2. Buffett previously avoided Alphabet, focusing on Apple and Amazon. 3. Alphabet's stock rose 50% this year after recent legal victories. 4. Berkshire increased investments in Domino's and Chubb, divesting from D.R. Horton. 5. The company reported significant cash reserves and no stock buybacks.