Could Warren Buffett's Last Move as Berkshire Hathaway CEO Be Buying This Beaten-Down "Magnificent Seven" Stock?

At the end of the year, Warren Buffett is due to step down as Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) CEO. Buffett has led this business for 60 years and has grown the small textile firm (its original business) into an investment giant. However, he's been a bit cautious lately and has grown his cash and short-term investments stockpile to $334 billion. That's a huge chunk of cash, making up about a third of its market capitalization. Before Buffett goes out, he may look to make one more splashy investment, and it would need to be a big one because Berkshire's cash pile is so large that there are very few companies in which it can purchase stakes without actually buying the whole company. So, he might possibly turn to one of the "Magnificent Seven" members to deploy his cash. These include:These are some of the world's biggest tech companies, and Buffett could, with his cash hoard, take a sizable position in any of them. But will he do it? And which one might make most sense?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool