Warren Buffett Is Selling Apple and Bank of America, but Here Are 3 Stocks He Plans to Hold Forever

Warren Buffett hasn't seen a lot to like in the stock market recently. The chairman of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has sold more stock than he bought in his company's equity portfolio for eight consecutive quarters. That includes selling shares in some of its most profitable positions.He started taking shares of Berkshire's huge Apple position off the table at the end of last year, selling more than two-thirds of its stake during the past four quarters. Last quarter, he turned his attention to Bank of America as well. Since the end of June, he has sold 26% of what was Berkshire's second-largest position.While Buffett has been slashing his stakes in some of Berkshire's largest equity holdings and selling smaller positions entirely, there are three top stocks he plans to hold indefinitely. Buffett describes these as "truly wonderful" businesses, and they may deserve a spot in your portfolio as well.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool