Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

Just Because Buffett is Selling Apple Stock Doesn't Mean You Should Too

Apple AAPL United States Berkshire Hathaway Warren Buffett Berkshire Barchart Seeking Alpha

Warren Buffett's company Berkshire Hathaway has reportedly sold half its stake in Apple (AAPL) stock. But that doesn't mean you should as well. Apple's strong free cash flow implies AAPL stock is still a bargain today.

AAPL is down over 4.5% to $210.07 in Monday morning trading. That is after Apple reported on Aug. 1 its fiscal Q3 earnings for the period ending June 29. AAPL peaked earlier last month at $233.09 on July 15, down about 10% from its peak.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Why Does Deli Meat Get Slimy Even Before the Expiration Date?
You open the refrigerator, reach for the deli meat, and notice something feels different. The slices are slippery, sticky, or coated with a thin film, even though the package date says you still have several days left to use them. It is an easy situation to second-guess because deli meat…
Grocery Coupon Guide
Grocery Coupon Guide
French family finds rare Chinese vase in attic, takes it to Sotheby’s in shoebox; sells for €16.18m
An 18th-century Chinese porcelain vase, forgotten in a French family's attic, sold for €16.18 million at Sotheby’s Paris in 2018. The family brought it to the auction house in a shoebox, unaware of its value. Experts identified it as a rare imperial vase made for the Qianlong Emperor, and it…
The Times of India
The Times of India
Travis Barker shares Kourtney Kardashian’s bold first move: ‘Something crazy’
Couple were friends for 15 years before becoming a couple around 2020
The Independent UK
The Independent UK
‘My dog’s built her own fashion community’: how canine companions stole the fashion week spotlight
Our four-legged friends are turning heads from Louis Vuitton to Schiaparelli – but what does their presence in the most exclusive of spaces say about the industry’s changing attitudes?
The Guardian - UK
The Guardian - UK
Mystery of why big dogs age faster than small ones finally solved
Researchers analyzed the health of more than 860 dogs
The Independent UK
The Independent UK
I'm Italian American, but I Don't Celebrate Columbus Day
The holiday brings out many of the worst excesses of identity politics.
Reason
Reason
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play