Buffett has long been a fan of Bank of America, singing the praises of CEO Brian Moynihan time and again, and he's owned the stock since he bought preferred shares of BofA in 2011.

Warren Buffett’s Berkshire Hathaway sold 389 million shares of Apple in the second quarter. This reduced its stake by half. The company also bought shares in Ulta Beauty, a lesser-known company. Apple reported good financial results in the third quarter of fiscal 2024.

Apple is trading like a stock that is growing its revenue and earnings much faster (like back in 2021), but it isn't doing that and isn't projected to do so anytime soon. Per Wall Street analysts' estimates, Apple will grow its earnings by the following amounts over the next few years:

Brett Schafer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, and Ulta Beauty. The Motley Fool recommends Occidental Petroleum. The Motley Fool has a disclosure policy.

Warren Buffett’s Berkshire Hathaway recently made some notable changes to its stock portfolio. The company sold many of its Apple shares and started a new position in Ulta Beauty. In the second quarter,

Warren Buffett’s continued disposals of Bank of America Corp. shares have now covered the billionaire’s investment cost, leaving him with a more than $34 billion stake that’s pure profit.

If Berkshire drops its stake under 10%, it will no longer have to file with the SEC for any changes in its Bank of America holding within two business days. Berkshire would have t

Warren Buffett announced in June that he will donate his $144 billion fortune to a charitable trust managed by his three children, Howard, Susie, and Peter Buffett. They will have 10 years to distribute the money to various causes and organizations.

Warren Buffett's Berkshire Hathaway (NYSE:BRK.B) has shed more Bank of America (NYSE:BAC) stock, selling shares worth about $900M and bring its stake in the lender down to 10.8%. Berkshire (BRK.B) sold 22.