While billionaire investor Warren Buffett historically shunned the tech sector other than one or two legacy names such as IBM, times have changed, as the legendary value investor now sees technology bigwig Apple as a value stock. But just how much does the Oracle of Omaha have to do with the most recent uptick in the tech sector? It could be quite a bit. [feed url=”https://hedgefundalpha.com/category/premium-featured-stories/feed/” number=”5″] Tech pauses, then regains momentum In a note last week, CFRA Investment Strategist Lindsey Bell showed how Buffett’s latest investment in Apple lines up with the latest uptrend in the tech sector. She…
Warren Buffett May Be Driving Apple Stock And The Tech Sector
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.