Dennis Van Tine/AP
Warren Buffet at the premiere of 'The Post' in Washington DC.
- Apple just hit another all time high.
- It hit one Friday, but out-did itself Monday morning.
- The stock is shooting higher as Warren Buffett boasts of his confidence in the company, saying he wishes he could own the whole company.
- Watch Apple stock trade in real time here.
Apple shares keep surging to new heights. The stock hit a record high of $186.88 in early trading Monday, up more than 1% on the day.
That's after Warren Buffett said he's so confident in Apple, he'd be comfortable owning the entire company. "I'd love to own 100 percent of it," he told CNBC Monday morning.
He believes in the tech giant's fundamentals, and says Berkshire Hathaway's strategy is simply to hold the stock. "I clearly like Apple. We buy them to hold," he said, adding that:"We like very much the economics of their activities. We like very much the management and the way they think."
The stock hit a high of $183.65 on Friday after Buffett's Berkshire Hathaway announced it bought 75 million Apple shares in addition to its existing stake.
Apple is up 8.45% this year.
Markets Insider