Buffett’s Three Picks and One to Avoid

Berkshire still holds Apple (AAPL) despite partial sales, a testament to its entrenched position. The 750% gain since 2016, excluding dividends, speaks to its resilience. Critics argue the iPhone 17 offered mere tweaks, but the new iPhone Air-a slimmer, lighter device-hints at incremental progress. With one-third of active iPhones aged four years or older, replacement demand looms. At 29x earnings, the stock is neither cheap nor expensive. It is, however, a business with pricing power-a Buffett staple.






