Apple(US:AAPL) The Motley Fool·2025-01-09 10:21Market Overview - Wall Street's bull market rally saw the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite climb by 13%, 23%, and 29% respectively, with all three indexes reaching numerous record-closing highs [1] - Billionaire investors are piling into five companies for 2025, excluding Nvidia, based on Form 13F filings [2] Warren Buffett: Domino's Pizza - Berkshire Hathaway purchased 1,277,256 shares of Domino's Pizza in the September-ended quarter [3] - Domino's Pizza has built customer trust through transparent advertising campaigns, loyalty programs, and product innovation [4] - The company's "Hungry for MORE" five-year plan focuses on new products, tech-driven efficiency, and franchisee-driven brand enhancement [5] - Domino's is on track for its 31st consecutive year of international same-store sales growth [5] Terry Smith: Apple - Fundsmith purchased 224,004 shares of Apple in 2024 [6] - Apple has repurchased over $725 billion worth of its own stock since fiscal 2013, positively impacting EPS [7] - Apple's Services segment revenue is rising by double-digit percentages, helping to smooth out sales fluctuations [8] - Apple's stock is historically pricey, valued at 40 times trailing-12-month earnings [9] Philippe Laffont: Chipotle Mexican Grill - Coatue Management purchased 4,575,054 shares of Chipotle in the third quarter [11] - Chipotle's focus on responsibly raised meats and locally sourced vegetables resonates with customers [12] - The company's innovation, such as mobile-order drive-thru lanes, has contributed to its success [13] - Chipotle maintains a forward P/E ratio of 44 with mid-to-high single-digit same-store sales growth [13] Chase Coleman: Taiwan Semiconductor Manufacturing - Tiger Global Management added 564,090 shares of Taiwan Semiconductor, increasing its stake to over 3.6 million shares [14] - Taiwan Semiconductor benefits from the AI revolution and data center infrastructure growth [15] - The company is a key provider of processing chips for Apple's iPhone and popular CPUs for laptops and desktops [16] - Concerns exist about the potential bursting of the AI bubble in 2025 [17] Bill Ackman: Nike - Pershing Square Capital Management purchased 13,240,206 shares of Nike in the third quarter [18] - Nike's fiscal 2025 sales are expected to decline by 10% due to challenges in its direct-to-consumer strategy [19] - New CEO Elliott Hill aims to refocus on sports products and marketing to revive the brand [20] - Nike's adjusted EPS in fiscal 2024 was $3.95, and returning to this level would represent a low forward P/E ratio [21]