Warren Buffett Sold $133 Billion Worth of Stocks in 2024: Here Are 2 He's Not Selling

Through the first nine months of 2024, Warren Buffett's Berkshire Hathaway unloaded $133 billion worth of stocks. Buffett reduced Berkshire's massive stake in Apple and sold nearly a quarter of its Bank of America holding. In the third quarter, Apple, American Express (NYSE: AXP), Bank of America, and Coca-Cola (NYSE: KO) made up 70% of Berkshire's $271 billion stock portfolio. Buffett is raising cash at a time when the S&P 500 is trading at 30 times earnings, which is historically high for this popular market barometer.However, it's worth looking at the stocks Buffett is choosing not to sell right now. Buffett continues to hold shares of Coca-Cola and American Express, which says a lot about what he thinks of their competitive advantages and growth prospects.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool