This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Buffett's Big Play for Tech

For one, like other Buffett investments such as Burlington Northern Santa Fe Railroad, he is looking at IBM with a long-term view. In the 100 years since its founding, IBM has survived countless market environments, cementing its place within not only the tech sector, but the broader global business world. Buffett praised the firm for its ability to lay out its plans for the future. In addition, Buffett noted that IBM has enjoyed standout stability compared to other tech household names.

Given the investor's very specific tastes in regards to technology, the best way for individuals to mimic his newest purchases is through shares of IBM and Intel, or through Berkshire Hathaway stock. The iShares Dow Jones Technology Sector Index Fund (IWY) sets aside over 15% of its portfolio to IBM and Intel. However, the fund's index is also heavily focused on Apple (AAPL - Get Report), Google (GOOG - Get Report), and other tech names Buffett will likely still express hesitance towards in the future.

With his massive investment in IBM, and interest in Intel, it appears as though Buffett has gotten over some of his technophobia. Do you think that the additional technology bets will be in the investor's future? Feel free to leave a comment in the space below.

Written by Don Dion in Williamstown, Mass.

Readers Also Like:

At the time of publication, Dion Money Management did not own any equities mentioned.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $117.81 0.00%
BRK.A $201,624.00 0.00%
GOOG $750.26 0.00%
IBM $138.46 0.00%
INTC $34.46 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs