Warren Buffett prefers Alphabet, citing superior fundamentals compared to Oracle
GOOG Alphabet Inc
$343.83 +1.02%
View chart & analysis → - 1Warren Buffett has secured 106 million shares of Alphabet through Berkshire Hathaway.
- 2The value of Berkshire Hathaway's Alphabet stake stood at approximately $35.5 billion at the time of writing.
- 3Oracle's 5-year bond CDS price of 248 basis points represents an annual default risk of 4.13%.
So what's the key point?
Warren Buffett bought a large amount of Alphabet stock. The value of the shares held by this company reaches approximately $35.5 billion.
Source The Motley Fool +1 · View original ↗
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