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Mohit Oberoi

Should You Follow Warren Buffett's Lead and Sell HPQ Stock?

HP Warren Buffett HPQ Berkshire Berkshire Hathaway IDC

Berkshire Hathaway (BRK.B) - the conglomerate led by legendary value investor Warren Buffett - sold almost 5.5 million shares of HP (HPQ) last week. The announcement took the market by surprise, just as the initial news of Berkshire buying a stake in HP did last year.

Buffett has largely shied away from tech stocks - and while Apple (AAPL) is Berkshire’s biggest holding, the “Oracle of Omaha” considers it a consumer company rather than a tech company.

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