With Warren Buffett Stepping Down as CEO, Will Berkshire Hathaway Sell Apple Stock?
Purchasing Apple (NASDAQ: AAPL) stock during his tenure at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) will be one of Warren Buffett's top legacies. Apple stock has performed well since Berkshire first bought shares in Q1 2016, and has spent a lot of time as the world's largest company (although it currently doesn't hold that title). However, will Berkshire still hold on to Apple shares with Buffett stepping down as CEO at the end of the year and Greg Abel taking his spot? Or will it find something else to invest in? Let's take a look.Image source: The Motley Fool.Continue reading
Purchasing Apple (NASDAQ: AAPL) stock during his tenure at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) will be one of Warren Buffett's top legacies. Apple stock has performed well since Berkshire first bought shares in Q1 2016, and has spent a lot of time as the world's largest company (although it currently doesn't hold that title).
However, will Berkshire still hold on to Apple shares with Buffett stepping down as CEO at the end of the year and Greg Abel taking his spot? Or will it find something else to invest in? Let's take a look.
Image source: The Motley Fool.
