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Berkshire buys billion-dollar stakes in Verizon, Chevron, cuts Apple stake
short by Kiran Khatri / on Wednesday, 17 February, 2021
Warren Buffett's Berkshire Hathaway has revealed that it purchased billion-dollar stakes in telecom company Verizon and oil company Chevron and cut its holding in Apple last year. Berkshire's stake in Verizon was valued at $8.6 billion at the end of 2020 and $4.1 billion in Chevron. The iPhone maker remained its largest single stock holding valued at about $120 billion.
read more at Bloomberg Quint