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Mark R. Hake, CFA

Buffett Sold Berkshire Hathaway's Apple Stock Too Early - It Still Looks Cheap Here

Apple Inc (AAPL) stock has been treading water higher than where Berkshire Hathaway sold half its position in Q2. No wonder since Apple is still cheap here based on its strong FCF. Sell short OTM puts to play this.

AAPL is trading at $226.18 in midday trading on Monday, Aug. 26. It's been roughly flat for the past month after peaking at $234.82 in mid-July (7/16/24). These prices are higher than when Warren Buffett sold half of Berkshire Hathaway's (BRK.B) position during Q2. 

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