Berkshire Hathaway doubles down on Apple stock and dumps IBM
Publishing timestamp: 2018-02-14 21:54:32
Summary
Warren Buffett's Berkshire Hathaway increased its stake in Apple by 23.3% and dumped almost all of its IBM holdings, showing confidence in Apple's future. IBM has been focusing on new technologies like cloud, AI, security, blockchain, and quantum to drive shareholder value.
Sentiment: POSITIVE
Keywords: business news, warren buffett, berkshire hathaway inc, apple inc, international business machines corp, technology,
Source: https://www.cnbc.com/2018/02/14/berkshire-hathaway-13f-apple-aapl-stake-up-ibm-stake-down.html