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Warren Buffett is pouring billions of dollars into this blue-chip tech stock
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Monday, November 14, 2011
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From The Stock Sage:

The Oracle of Omaha just announced that Berkshire ($BRKA, $BRKB) has purchased over $10 billion of $IBM during the last six months.

Buffett made note of the fact that not only has he been buying, but the company itself has been pursuing an aggressive share buyback program – combined, the two buyers add up to 11% of the company's shares.

Notice that IBM never broke its long-term uptrend and even during the depths of...

Read full article (with charts)...

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Topics: Warren_Buffett | Technology | Stocks
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