Warren Buffett Bought This Magnificent Artificial Intelligence (AI) Stock a Year Ago. Here’s Why It’s Still a Buy Today.
Warren Buffett, the leader of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) for 60 years before his recent retirement, famously avoided technology stocks for much of his investing career. He instead showed a preference for what you may consider to be boring companies — consumer staples and insurance, in particular — that didn’t blow anyone one away, but still had reliable cash flow, loyal customers, and competitive advantages.
So when Berkshire bought 17.86 million shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) in the third quarter of 2025 — the final year of the Oracle of Omaha’s leadership at Berkshire — it was a significant endorsement of Google’s parent company.
Warren Buffett. Image source: The Motley Fool.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.