Buffett's Berkshire Hathaway takes new stake in Apple, ups stake in IBM
Publishing timestamp: 2016-05-16 12:00:54
Summary
Berkshire Hathaway has taken a new stake in Apple and increased its holdings in IBM, while also making changes to its holdings in other companies such as Visa, Phillips 66, and Wal-Mart Stores. The company's investment decisions are now being made by portfolio managers Todd Combs and Ted Weschler, signaling a transition in Berkshire's investment strategy.
Sentiment: NEUTRAL
Tickers: V, T, PG, BRK.A, IBM, WMT, AAPL, BK, PSX, MA,
Keywords: hedge funds, markets, berkshire hathaway inc, apple inc, business news, warren buffett, stock markets, ray dalio, david tepper,
Source: https://www.cnbc.com/2016/05/16/buffetts-berkshire-hathaway-takes-new-stake-in-apple.html