Warren Buffett's Successor, Greg Abel, Has Over 50% of Berkshire Hathaway's Portfolio Invested in These 3 Top Stocks
Apple, Amex, and Alphabet are three of Warren Buffett's favorite stocks.
Overview
While Greg Abel has taken the reins from Warren Buffett at Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB), the Oracle of Omaha's fingerprints are still all over the company's top holdings. Berkshire has held most of its top holdings for an extended period, while Buffett has explicitly said that he had a hand in the conglomerate's new top-three holding, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG).
Buffett has long stated that he likes compounding businesses with wide, durable moats. With Berkshire's top three holdings making up more than 50% of its portfolio, let's dive into what Buffett most likes about these stocks.
Details
Representing around 22% of its equity holdings, Apple (NASDAQ: AAPL) is Berkshire's largest position, and it's easy to see why Apple is a Buffett favorite. Quite simply, the company has one of the best compounding businesses on the planet.
Source
Originally published at www.fool.com.
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