Friday, May 4, 2018: Warren Buffett Adds 75 Million More Shares of Apple Stock







The Big News Around Wall Street

Yes, Warren Buffett made another purchase of 75 million more shares of Apple stock! This is in addition to the 165 million shares of Apple stock bought at the end of 2017.

And Apple stock is surging this morning on the news, but I would wait a little bit until the dust settles. Because chances are that you’ll be buying close to all-time highs for the stock. A reminder to myself to buy the dip.

See also: Warren Buffett Just Bought A Ton More Shares of Apple

My own positions of AAPL are doing well so far at 26.77% and 5.70% gain, respectively.

AAPL has been in a slump for the first quarter of 2018 until earnings were posted earlier this week and although the number of iPhones sold were less, because of the $1K iPhone X, sales surpassed analysts expectations. With an overall above average report of revenue, sales and earnings. So, no wonder the stock has been surging.

finviz dynamic chart for  AAPL

Portfolio Gainers

This morning’s leaders: AAPL, STLD, ISRG, CSCO, SHOP

finviz dynamic chart for  STLD finviz dynamic chart for  ISRG finviz dynamic chart for  CSCO finviz dynamic chart for  SHOP

Disclaimer: The content provided here is for information and entertainment purposes only. It’s not intended as an offer or solicitation to purchase any investment. And this material should not be taken as investment advice. Investing in equities is subject to extreme volatility.
Trade at your own risk.

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Carlos Rull

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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