Buy and hold Apple's stock forever. 

Take a second and ask yourself a very simple question: If the legend that is Warren Buffett wants to hold Apple (AAPL) - Get Report shares forever, shouldn't you do the same? The Oracle of Omaha has scooped up an eye-popping 75 million more shares of Apple, according to CNBC. Buffett now owns about 240 million shares of the tech king.

News of Buffett's big buy, amid worries on Wall Street over iPhone demand, comes ahead of Berkshire Hathaway's  (BRK.A) - Get Report annual shareholder meeting on Saturday, May 5. To be sure, Buffett appears to be loving Action Alerts PLUS holding Apple's mix of recurring service revenue, cheap valuation (the stock is stupid cheap) and increasing generosity with its capital return plans. Just this week, Apple silenced the growing number of bears with a solid earnings beat and a shiny new $100 billion stock buyback plan. Berkshire, the billionaire's holding conglomerate, revealed in February that it hiked its stake in Apple by a whopping 23% to 165.3 million shares during the fourth quarter.

Next question for you to consider into the weekend: When are Apple and Berkshire Hathaway going to merge? 

Around TheStreet

TheStreet's Bret Kenwell will be live blogging Berkshire's annual meeting on Saturday. You won't want to miss it - Berkshire weekend is always must watch. You know what else you won't want to miss? TheStreet's May 5 conference for investors: "How to Diversify Your Portfolio: A Boot Camp for Investors." TheStreet's founder Jim Cramer will sit down exclusively with PayPal (PYPL) - Get Report CEO Dan Schulman. TheStreet's newsroom will hold multiple panels with top financial experts to bring you inside current market conditions and how to play them. Quickly register here because time is running out.

Meanwhile, Akamai's (AKAM) - Get Report CEO Tom Leighton didn't shut the door to a potential sale of the company in an interview with me. Recent speculation on Wall Street is that Akamai would be an ideal fit for IBM (IBM) - Get Report

Final Thoughts

Tesla's (TSLA) - Get Report stock is looking for another weak open Friday after CEO Elon Musk's conference call meltdown on Wednesday evening. What you are witnessing are the early stages of a Wall Street revolt against Tesla. The big guys are giving Musk a taste of their influence by bidding the stock down amid his verbal attack on Wall Street. If they really want to mess with Musk (and it's possible), they will keep dumping to spark a panic that materially raises Tesla's cost of capital. Musk opened a can of worms here. For his sake, he should block out some time from his factory floor bed and call the investment banks to try mend fences.

Goldman Sachs (GS) - Get Report likely getting into the bitcoin trading game makes this read by TheStreet's Kinsey Grant important. With institutions on the verge of getting into the crypto space in a big way, the bottom could finally be in on prices and various related crypto stocks. 

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