“Just 3 Stocks Power 75% Of Warren Buffett’s Profit”
July 12, 2021
“Warren Buffett stocks are famous for their tight focus. And this year the famed investor’s highly concentrated play on a few top S&P 500 stocks is paying off. Just three top U.S.-listed stocks in Berkshire Hathaway‘s (BRKB) portfolio, information technology giant Apple (AAPL) plus financials Bank of America (BAC) and American Express (AXP), generated three-quarters of the holding company’s stock gains this year, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. All told, the value of Berkshire Hathaway’s last reported U.S.-listed holdings is up $37.5 billion this year. And of that gain, Apple accounts for 29.4%, Bank of America 25.7% and American Express 20.6%…”