Warren Buffett's Hand-Picked Successor, Greg Abel, Has 72% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for August.
Alphabet's value proposition was so appealing that even Buffett and Abel could not ignore it.
Every quarter, Berkshire Hathaway's 13-F filing provides an update on its stock holdings, even though Warren Buffett no longer runs the company. The latest filing shows just five companies make up 72% of its portfolio, but these stocks have been held for over 60 years and may be worth holding for now. Analyst Greg Abel, Warren Buffett's hand-picked successor, recommends Alphabet (GOOGL) as the top pick among these stocks.
Alphabet's digital advertising remains a significant revenue driver, accounting for 68% of the company's revenue in Q2 2026, and its Google Cloud platform is a major contributor to its AI initiatives, holding steady as the third-largest cloud provider. Despite Berkshire selling its Amazon position, Alphabet's capital expenditures (capex) guidance is still a concern, but the company's positive free cash flow and low valuation make it an attractive investment.
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- Warren Buffett's Hand-Picked Successor, Greg Abel, Has 72% of Berkshire Hathaway's Portfolio Invested in Just 5 Stocks. Here's My Top Pick for August. finance.yahoo.com
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