The Oracle of Omaha still has a touch for stocks.
Teva Pharmaceutical climbed more than 10.5 percent Thursday morning after news late Wednesday that Warren Buffett's Berkshire Hathaway disclosed a $358 million stake in the drugmaker as of the end of the fourth quarter.
The quarterly filing also showed Berkshire increased its holdings of Apple by 23.3 percent. Shares of the iPhone maker rose more than 2 percent in morning trading.
The purchase shows the influence of Buffett's investment deputies, Berkshire portfolio managers Todd Combs and Ted Weschler. One of them — the billionaire investor has declined to identify which — was responsible for the conglomerate's initial stake in Apple in 2016, and Buffett has added to it since then.