Warren Buffet has invested more than 50%  in these 2 AI Stocks

 

By Lars M.

According to Statista, the AI market size is projected to increase from $242 billion in 2023 to almost $740 billion by 2030.

This is why Warren Buffet, through Berkshire Hathaway, has concentrated over half of his investment in these two AI-driven companies.

01.

 

APPLE (APPL)

 

Apple Inc. forms a whopping 51% of Berkshire Hathaway's portfolio. Apple's services segment, with its high-profit margins, is a key player in AI.

01.

 

With a consistent operating profit margin above 24% and revenues of $383 billion, Apple is a major AI contender.

 

02.

 

AMAZON (AMZN)

 

Amazon may only be 4% of Buffett's portfolio, but its impact in AI is significant. 

02.

 

With net sales up by 133% to $143 billion and operating income rising fivefold, Amazon's AI capabilities, especially through AWS, are formidable.

CONCLUSION

 

For investors, Apple's current price-to-earnings ratio of 29.8 suggests hold. And, Amazon's forward price-to-earnings ratio points to long-term growth.