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News  ›  The Motley Fool

Warren Buffett Has Been Selling Apple and Bank of America Stock and Piling Into This High-Yield Investment Instead

The Motley Fool Logo The Motley Fool By Adam Levy
Warren Buffett Has Been Selling Apple and Bank of America Stock and Piling Into This High-Yield Investment Instead

Warren Buffett is reducing stakes in Apple and Bank of America while increasing investments in U.S. Treasury bills, preparing Berkshire Hathaway for leadership transition to Greg Abel with a significant cash reserve.

Insights
SMMT   neutral

Not yet profitable with cash flow challenges, but has promising drug pipeline and majority of analysts (12/18) seeing potential with nearly 60% upside


AAPL   neutral

Buffett has reduced Apple stake by 70% due to high valuation and lower expected earnings growth, indicating a strategic portfolio adjustment rather than a negative view of the company