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Apple vs. Amazon: Which Warren Buffet AI Stock Is the Better Buy Today?
The race to the top of the artificial intelligence (AI) mountain is on, and the usual suspects are in the running. Two of the top AI companies today are also two of the stocks in the Berkshire Hathaway portfolio.Apple (NASDAQ: AAPL) is one of Warren Buffett's favorite companies, and he's called it a better business than his other favorites, Coca-Cola and American Express. It's the largest position in the Berkshire Hathaway portfolio, accounting for 21.6% of the total.Amazon (NASDAQ: AMZN), on the other hand, was purchased by one of Berkshire Hathaway's investment managers, not Buffett himself, although Buffett has admitted his admiration for founder Jeff Bezos. Amazon stock accounts for only 0.8% of the portfolio.Continue reading
The race to the top of the artificial intelligence (AI) mountain is on, and the usual suspects are in the running. Two of the top AI companies today are also two of the stocks in the Berkshire Hathaway portfolio.
Apple (NASDAQ: AAPL) is one of Warren Buffett's favorite companies, and he's called it a better business than his other favorites, Coca-Cola and American Express. It's the largest position in the Berkshire Hathaway portfolio, accounting for 21.6% of the total.
Amazon (NASDAQ: AMZN), on the other hand, was purchased by one of Berkshire Hathaway's investment managers, not Buffett himself, although Buffett has admitted his admiration for founder Jeff Bezos. Amazon stock accounts for only 0.8% of the portfolio.
