Warren Buffett’s Successor, Greg Abel, Has $64 Billion of Berkshire Hathaway’s Assets Invested in 3 Unstoppable AI Stocks

On Dec. 31, after roughly six decades at the helm of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB), Warren Buffett retired as CEO. He oversaw cumulative gains in his company’s Class A shares (BRKA) of more than 6,000,000% and became one of Wall Street’s most prominent buy-and-hold investors.

While the Oracle of Omaha was never one for tech stocks, he inadvertently left his successor, Greg Abel, with significant exposure to artificial intelligence (AI) stocks in Berkshire’s $313 billion portfolio. Abel is now overseeing $64 billion in aggregate investments tied to three unstoppable AI stocks: Apple (NASDAQ: AAPL), Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), and Amazon (NASDAQ: AMZN).

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

Image source: Getty Images.

Warren Buffett always considered Apple a consumer goods company, which remains true to this day, considering the bulk of its sales derive from physical devices (iPhone, Mac, iPad, and wearables). However, Apple’s future — and nearly $58 billion of Berkshire’s invested capital — lies with the integration of AI into its physical platforms.

In June 2024, Apple introduced Apple Intelligence, its generative AI system that’s been integrated into its physical devices. Users can remove unwanted objects in their photos with Apple Clean Up, quickly summarize text, and create custom emojis. Apple also integrated its voice assistant, Siri, with the large language model (LLM) that sparked the AI hoopla, ChatGPT.

In addition to its newfound AI ties, Apple CEO Tim Cook is promoting subscription services. Subscriptions should boost margins and customer loyalty while reducing the revenue ebbs-and-flows associated with iPhone upgrade cycles.

During the third quarter of 2025, Buffett opened a $4.3 billion position in Alphabet (the Class A shares, GOOGL). This stake has since grown to $5.5 billion.

While Alphabet is best known for its virtual monopoly in global internet search through Google, the cash cow operating segment of its future is cloud infrastructure service platform Google Cloud. Alphabet has spared no expense to incorporate generative AI and LLM solutions into Google Cloud, leading to jaw-dropping sales growth of 48% in the December-ended quarter. Cloud service margins are considerably higher than advertising margins.

Alphabet also sports one of the biggest share repurchase programs on Wall Street. It’s bought back $346 billion of its stock since the start of 2016, trailing only Apple’s $841 billion in buybacks since initiating a repurchase program in fiscal 2013.

Two engineers checking wires and switches on a data center server tower.
Image source: Getty Images.

Despite Warren Buffett dumping 77% of Berkshire Hathaway’s stake in Amazon during his final quarter as CEO, it remains a $490 million position that’s now Abel’s responsibility.

Amazon is a dual-industry leader. While most consumers are familiar with its leading role in e-commerce, they may not realize that Amazon Web Services (AWS) accounts for nearly a third of global cloud infrastructure service spending. Like Google Cloud, AWS has been incorporating generative AI and LLM capabilities, resulting in 24% constant-currency sales growth in the fourth quarter and $142 billion in annual run rate revenue.

Amazon is also historically inexpensive relative to its future cash flow. Whereas investors paid a median of 30 times year-end cash flow to own Amazon stock throughout the 2010s, they can now buy shares at 9.9 times forecast cash flow in 2027.

Before you buy stock in Apple, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Apple wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $495,179!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,058,743!*

Now, it’s worth noting Stock Advisor’s total average return is 898% — a market-crushing outperformance compared to 183% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of March 23, 2026.

Sean Williams has positions in Alphabet and Amazon. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, and Berkshire Hathaway and is short shares of Apple. The Motley Fool has a disclosure policy.

Warren Buffett’s Successor, Greg Abel, Has $64 Billion of Berkshire Hathaway’s Assets Invested in 3 Unstoppable AI Stocks was originally published by The Motley Fool

Source link

Visited 1 times, 1 visit(s) today

Related Article

Why Ciena Stock Rocked the Market on Monday

Two positive analyst moves in recent days, including a meaty price target hike, provided a significant lift for Ciena (NYSE: CIEN) stock on Monday. Investors took these updates to heart, and the tech equipment supplier’s share price increased robustly, ultimately ending the day more than 6% higher. Of the two, that price target increase was

Asian markets tumble, but Europe, US rally on Trump optimism

Stock markets dipped across the board early on Monday, with traders nervous after another weekend yielded no real signs of deescalation in Iran or the wider Gulf region or a reduction in the rising energy prices the conflict is causing. Several of the major Asian markets dipped by 3% or more, while Europe’s main indices

Slide Announces New Stock Repurchase Program of $125 Million

Slide Insurance Holdings, Inc. TAMPA, Fla., March 23, 2026 (GLOBE NEWSWIRE) — Slide Insurance Holdings, Inc. (“Slide” or the “Company”) (Nasdaq: SLDE) today announced that it has completed its initial $120 million common stock repurchase program and that its Board of Directors has authorized a new common stock repurchase program of $125 million. The authorization

Here’s When the Fed Might Cut Interest Rates Again, and What It Means for the Stock Market

The U.S. Federal Reserve has cut the federal funds rate (overnight interest rate) six times since September 2024, as policymakers believed they had finally tamed the inflation surge from 2022. However, the Fed’s preferred measure of inflation, the core personal consumption expenditures price index (PCE), is now ticking higher once again, while the job market

Arete Research Sees More Than 150% Upside In Hut 8 Stock

Arete Research Sees More Than 150% Upside In Hut 8 Stock Independent equity research firm Arete Research has initiated coverage of Canada’s Hut 8 stock (NASDAQ: $HUT) with a buy rating and a $136 U.S. price target. The price target is the highest on Wall  Street and is 162% higher than where HUT stock currently

Stock market correction? A passive income opportunity!

Image source: Getty images I wouldn’t quite say that I love stock market corrections or crashes! No one likes seeing the value of their portfolios go through the floor. But they do provide an excellent opportunity for investors to supercharge their passive income potential. Why? When stock markets slump, the dividend yields on income-paying shares

3 of the Most Important Questions to Ask Before Buying a Stock

Investors should be familiar with the fact that the stock market is arguably the best means of building significant wealth. It won’t happen overnight, and it requires patience and discipline. But the rewards are worth it. In the past decade, the S&P 500 index generated a total return of 283% (as of March 19). There

JPMorgan cuts its S&P 500 target

JPMorgan cuts its S&P 500 target Editor Steffen Moses Tel.: 3330 8341 We take responsibility for the content and are signed up to Pressenævnet Subscription Try AMWatch or get an offer for a subscription meeting the exact needs of you or your company. About AMWatch AMWatch is a part of Watch Medier. Address AMWatch Rådhuspladsen 37 1785 Copenhagen

What financial advisers say to do as the Iran war rattles investments : NPR

Stock market numbers are displayed on the floor of the New York Stock Exchange during afternoon trading on March 03, 2026 in New York City. Stocks tumbled with the Dow Jones losing over 400 points amid a possible prolonged U.S.-Iran conflict. Michael M. Santiago/Getty Images hide caption toggle caption Michael M. Santiago/Getty Images Since the

The Stock Market’s Fear Index Is Up. Here’s Why Smart Investors Aren’t Selling.

With the war in Iran raging on, and questions abounding about whether the market is in an artificial intelligence (AI) infrastructure bubble, investors are increasingly nervous. The CNN Fear and Greed Index has moved into new territory over the last month, going from a rating of 44, indicating slight fear, to 15, representing extreme fear.

Babcock & Wilcox (BW) Soars 44%, Hits Record High on PT Upgrade

Babcock & Wilcox Enterprises Inc. (NYSE:BW) is one of the 10 Stocks Gaining Momentum Fast. Babcock & Wilcox soared by as much as 44.4 percent week-on-week, even hitting a new 7-year high on Friday, as investors took path from an investment firm’s 70-percent price target upgrade for its stock. Earlier in the week, Northland raised

A-Share Market is in the Latter Half of the Adjustment Period

At today’s morning meeting of securities firms, China Merchants Securities opined that the A-share market is already in the latter half of its adjustment phase, with limited room for further significant declines; East Money Securities suggested adopting a bottom-line mindset to position for medium-term winners; and Pacific Securities believed that the slow bull trend remains

Asian stock markets plunge amid Trump’s ultimatum on Iran | Oil and Gas News

Key indexes in Japan, South Korea and Hong Kong tumble as Iran threatens attacks on energy infrastructure across region. Published On 23 Mar 202623 Mar 2026 Stock markets in the Asia Pacific have fallen sharply amid US President Donald Trump’s ultimatum warning Iran to reopen the Strait of Hormuz or face the annihilation of its

0
Would love your thoughts, please comment.x
()
x