Wednesday, August 14, 2024

Why Did Warren Buffett Really Dump Apple's Stock?

 

Hey it's Luke...

Apple is just weeks away from announcing their first ever AI-powered device...

Yet Berkshire Hathaway recently sold half of their Apple holdings...

Why?

My take is that Warren Buffett sees something even bigger on the horizon.

He likely figures that Apple's stock is a good way, but not the best way, to capitalize on the big move into AI.

Instead, I think he could be eyeing Apple's "silent suppliers" — those smaller, under-the-radar companies that are supplying the parts Apple needs for their AI tech.

I've zeroed in on what I believe could be three of these key suppliers and partners.

Click here to find out who they are.

To Your Wealth,

Luke Lango
Senior Investment Analyst, InvestorPlace

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