Why Warren Buffett buy so much hp stock: check out his hp coattails

Veteran investor Warren Buffett is not known for investing in technology companies

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Warren Buffett said in a letter to his shareholders in year 2014 that he prefers simple business rather than technology.

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But for some time now, Warren Buffett's growing interest in technology stocks is clearly visible.

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Last month Berkshire revealed that it had bought nearly 121 million shares of technology company HP.

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Those 121 million shares of PC and printer hardware company HP are worth around $4.7 billion today.

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And with this Berkshire Company has become the largest shareholder of Technology Company HP.

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Oracle of Omaha company Berkshire holds 11.4% stake in HP(HPQ)

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HP(HPQ) Company is growing well but its shares are still relatively cheap

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And we all know that Warren Buffett loves investing in chip stocks.

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Given the growth of both HP and Berkshire, it seems that Buffett's coattails might not be a bad idea.

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