
NYSE:BRK.B
This summary was created by AI, based on 43 opinions in the last 12 months.
Berkshire Hathaway Inc. (BRK.B) is facing a pivotal moment following Warren Buffett's retirement, which has raised concerns among investors about its future performance. Experts highlight the company's strong portfolio of diverse businesses, particularly in insurance, but also note challenges such as competitive pricing pressures and a low-interest-rate environment impacting income. The new CEO, Greg Abel, has been praised for his operational capabilities, but uncertainty remains about how he will navigate the company post-Buffett. While some analysts recommend holding the stock for the long term due to its defensive nature and significant cash reserves, others express caution over potential underperformance compared to the S&P 500. Overall, BRK.B is viewed as a solid long-term investment, though its growth may not match historical highs.
(A Top Pick Jan 29/20, Up 4%) It's underperformed in the past 6 months because of the tech rally, but he expects this story to flip as Berkshire's hard assets will outperform the Nasdaq. So, now is a good time to own this. Also, he gets exposed to Apple via BRK. (He sold Apple given their high valuation.)
They bought their first shares of this just very recently. Warren Buffet is very much not in favour with his investment style and investors were disappointed when they did not acquire anything during the market meltdown. Now is a perfect to time to buy a collection of wonderful private and public companies at the most attractive valuation -- 1.2 times book value. They also have a large cash position and not much debt. Apple has been the most successful investment they made in the past several years -- representing over 1/3 of the portfolio value. He is not concerned about the concentration in Apple. Yield 0% (Analysts’ price target is $221.00)