It's common to see the blind leading the blind when it comes to stocks, and a lot of stock "advice" should be taken with a grain of salt. But when Warren Buffett talks -- whether literally or through his stock moves -- it'll at least do you some good to listen. If I have $300 to invest right now, I'm looking no further than Cupertino, California. There's a reason Buffett's Berkshire Hathaway (NYSE: BRK.A) has over 40% of its portfolio of publicly traded stocks there.
With over $2 trillion in market cap, Apple (NASDAQ: AAPL) is the most valuable company in the U.S. (it was the first U.S. company to cross $3 trillion). And it didn't get there by luck. For decades, Apple has been one of the top players in the technology space , and there's no reason to believe that'll change any time soon. Great management, second-to-none brand loyalty, and innovation at the forefront -- it's hard to lose with that recipe.
Like many stocks, 2022 hasn't been the kindest to Apple, with the stock down close to 6% year to date (as of August 12), even after rallying more than 30% since its June lows. Still, Apple has proven to produce long-term returns that not many companies have been able to replicate.
For further details see:
The Best Warren Buffett Stock to Buy With $300 Right Now