Here's What Warren Buffett Is Buying and Selling Now

Here's What Warren Buffett Is Buying and Selling Now

Berkshire held 165.3 million Apple shares at the end of 2017, up from 134 million at the end of September. Vetr raised Berkshire Hathaway from a "hold" rating to a "buy" rating and set a $212.93 target price on the stock in a research report on Monday.

Berkshire disclosed the holding-worth about $358 million-in the famous conglomerate's latest quarterly filing. Berkshire Hathaway has a 52-week low of $160.93 and a 52-week high of $217.62.

Cisco Systems Inc. (CSCO) - The seller of network routers, switches, software and services reported a fiscal second-quarter loss of $8.78 billion, or $1.78 per share, after reporting a profit in the same period a year earlier.

Phillips 66 is buying back the stock for $93.725 a share, in an agreement valued at $3.3 billion. Morgan Stanley increased their price objective on shares of Berkshire Hathaway from $181.00 to $189.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 8th.

According to the filing, Berkshire sold 94.5 percent of its investment in the Armonk, New York-based company, bringing its stake in IBM down to just 2.05 million shares at the end of December.

Even after rebounding a bit, Teva is still down 39% from a year ago - even after the after-hours "Buffett rally". Combs and Weschler are generally responsible for Berkshire's smaller investments.

To clean up some of the company's more than $30 billion in debt, Schultz said he'll cut about 25 per cent of jobs at the company - a step that past CEOs have been unwilling to take given Teva's close ties to its home market in Israel.


Berkshire Hathaway Inc.is a holding company owning subsidiaries engaged in various business activities.

"IBM is a big strong company, but they've got big strong competitors too", Buffett told CNBC a year ago.

Buffett has pursued a similar strategy with his Wells Fargo & Co. stake. Berkshire owns 9.3% of the bank and Buffett also owns shares in his personal portfolio, and he has mentioned previously that some selling would be necessary.

Berkshire unloaded 10 million shares of General Motors, which reduced its stake by 16%. That was just above the reported US$27.8 billion stake in Wells Fargo.

The stock lost almost half its value in 2016 and the following year again.

Buffett is buying into Teva at the early stages of its own fix. We won't know what he's buying now until mid-May, but many of its investors are probably hoping for more buying, especially after the recent market correction.

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