Berkshire Hathaway Inc. (B)

BRK.B-N

NYSE:BRK.B

225.37
0.55 (0.24%)
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
More at Wikipedia

Analysis and Opinions about BRK.B-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
December 3, 2019
(A Top Pick Jan 22/19, Up 9%) A steady eddy, though not keeping up with the market. It's trading at the lowest price to book value in a long while. Buffett's successor is solid. They hold good companies. Not worried.
(A Top Pick Jan 22/19, Up 9%) A steady eddy, though not keeping up with the market. It's trading at the lowest price to book value in a long while. Buffett's successor is solid. They hold good companies. Not worried.
David Baskin
President, Baskin Wealth Management
Price
$218.080
Owned
Yes
HOLD
HOLD
November 26, 2019
Value play, which has had a difficult time. Criticism that they've lost their way. Changing its stripes underneath the surface, but still a great business model. Rolling 10-year numbers have been declining, which is a bit of a concern. But he'd still own it. Pays no dividend, so it's almost like a tax shelter.
Value play, which has had a difficult time. Criticism that they've lost their way. Changing its stripes underneath the surface, but still a great business model. Rolling 10-year numbers have been declining, which is a bit of a concern. But he'd still own it. Pays no dividend, so it's almost like a tax shelter.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$218.900
Owned
Yes
BUY
BUY
November 19, 2019
It's the perfect chart with the right people running it. He could buy this stock anytime. This applies to both the A and B stocks.
It's the perfect chart with the right people running it. He could buy this stock anytime. This applies to both the A and B stocks.
Elliott Fishman
Director of U.S. and international equity trading, Trading Services Group, Scotia Wealth
Price
$219.030
Owned
Unknown
BUY
BUY
November 7, 2019
A lot of cash on the balance sheet, so by default you're going to underperform. To bet against Warren Buffet is a bad bet. There's a lot worse to own than this. Positive view. Good value in the long run. He prefers to own the individual parts.
A lot of cash on the balance sheet, so by default you're going to underperform. To bet against Warren Buffet is a bad bet. There's a lot worse to own than this. Positive view. Good value in the long run. He prefers to own the individual parts.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$222.740
Owned
No
COMMENT
COMMENT
November 5, 2019
Undervalued or properly valued? The problem is that investors focus on Buffet's stock investments, but they make up only a small part of the overall company. Buffet realized that he must look outside equities and buy companies, which he did and did it well. The stock is fairly valued. People focus too much that his stocks have undervalued in recent years. It's more important how Buffet runs his core businesses--that's the value of the company. In terms of sucession planning, no one is more brilliant than Buffet in running Berkshire. After he passes away, there may be fewer acquisitions.
Undervalued or properly valued? The problem is that investors focus on Buffet's stock investments, but they make up only a small part of the overall company. Buffet realized that he must look outside equities and buy companies, which he did and did it well. The stock is fairly valued. People focus too much that his stocks have undervalued in recent years. It's more important how Buffet runs his core businesses--that's the value of the company. In terms of sucession planning, no one is more brilliant than Buffet in running Berkshire. After he passes away, there may be fewer acquisitions.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$220.880
Owned
Unknown
DON'T BUY
DON'T BUY
October 23, 2019
Warren and Charlie are both long in the tooth. When one of them passes, he expects the stock could take a big hit. With a recession in the wind, this will get hit. He would be wary.
Warren and Charlie are both long in the tooth. When one of them passes, he expects the stock could take a big hit. With a recession in the wind, this will get hit. He would be wary.
Benj Gallander
President, Contra the Heard Investment Letter
Price
$210.960
Owned
Unknown
DON'T BUY
DON'T BUY
October 17, 2019
What if one of the principles doesn't wake up in the morning. What happens to the company. It is such a tough call so he is not in the stock.
What if one of the principles doesn't wake up in the morning. What happens to the company. It is such a tough call so he is not in the stock.
Lorne Steinberg
President & Portfolio Manager, Lorne Steinberg Wealth Management Inc
Price
$209.139
Owned
No
TOP PICK
TOP PICK
October 7, 2019
It's a trade. It's market-sensitive and rangebound. He's buying around $195 and targets $220. Buy it around $200. It may or may not break-out. (Analysts’ price target is $241.25)
It's a trade. It's market-sensitive and rangebound. He's buying around $195 and targets $220. Buy it around $200. It may or may not break-out. (Analysts’ price target is $241.25)
Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$207.240
Owned
Yes
HOLD
HOLD
September 27, 2019
Warren Buffet is still the best investor of all time. However, it has become too big to have investments move the needle. A good blue-chip holding, but don't expect it to out perform the market.
Warren Buffet is still the best investor of all time. However, it has become too big to have investments move the needle. A good blue-chip holding, but don't expect it to out perform the market.
Shane Obata
Portfolio Manager, Middlefield Capital
Price
$207.450
Owned
Unknown
BUY
BUY
September 23, 2019
They've underperformed for 10 years, but this could be a defensive--or value--play. Buffett has a war chest of $120 billion, probably waiting to spend it during the next recession. Great managers. They can ride out any economic weakness.
They've underperformed for 10 years, but this could be a defensive--or value--play. Buffett has a war chest of $120 billion, probably waiting to spend it during the next recession. Great managers. They can ride out any economic weakness.
Jason Del Vicario
Portfolio Manager, HollisWealth
Price
$207.960
Owned
No
SELL
SELL
July 26, 2019

Berkshire vs VISA. Not really the same businesses. Berkshire owns a ton of VISA and Mastercard. He is worried about the continuity of the business. He would like to see them pay a dividend. Ultra expensive stock. He owns VISA which has been a performer for many years. Holds some Berkshire but would probably be a sell at this point.

Berkshire vs VISA. Not really the same businesses. Berkshire owns a ton of VISA and Mastercard. He is worried about the continuity of the business. He would like to see them pay a dividend. Ultra expensive stock. He owns VISA which has been a performer for many years. Holds some Berkshire but would probably be a sell at this point.

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$209.900
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
July 9, 2019
(A Top Pick May 24/19, Up 6%) A slow-moving stock. At $220 it will hit resistance, but it has momentum and will go higher.
(A Top Pick May 24/19, Up 6%) A slow-moving stock. At $220 it will hit resistance, but it has momentum and will go higher.
Elliott Fishman
Director of U.S. and international equity trading, Trading Services Group, Scotia Wealth
Price
$214.750
Owned
Yes
HOLD
HOLD
July 3, 2019
Assets and liabilities don't add up? The company owns a lot of different businesses. They only report on things they own 100% of. Investors buy this to follow the success of Warren Buffet. The stock performance has lagged the market as it is harder to grow at the size the company has become. He would continue to hold it, if you own it.
Assets and liabilities don't add up? The company owns a lot of different businesses. They only report on things they own 100% of. Investors buy this to follow the success of Warren Buffet. The stock performance has lagged the market as it is harder to grow at the size the company has become. He would continue to hold it, if you own it.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$215.160
Owned
No
TOP PICK
TOP PICK
May 24, 2019
Suffering along with retailers. A rare test of support, and it holds every time it does that. 10% upside. No dividend. (Analysts’ price target is $241.25)
Suffering along with retailers. A rare test of support, and it holds every time it does that. 10% upside. No dividend. (Analysts’ price target is $241.25)
Elliott Fishman
Director of U.S. and international equity trading, Trading Services Group, Scotia Wealth
Price
$201.690
Owned
No
COMMENT
COMMENT
May 21, 2019
Warren Buffett has been criticise in the last little while because his equity portfolio has underperformed the S&P500. Part of that reason is that Berkshire is such a large company now it's hard for them to make a difference. Berkshire is a lot more than Coke and JP Morgan. It's insurance business, utility business, other businesses they've bought such as Burlington Northern, those are things that create value within the company. Thinks people focus a lot on his investments stuff and that's a much more difficult thing. He likes it. Doesn't think they will pay a dividend but they might buyback more shares.
Warren Buffett has been criticise in the last little while because his equity portfolio has underperformed the S&P500. Part of that reason is that Berkshire is such a large company now it's hard for them to make a difference. Berkshire is a lot more than Coke and JP Morgan. It's insurance business, utility business, other businesses they've bought such as Burlington Northern, those are things that create value within the company. Thinks people focus a lot on his investments stuff and that's a much more difficult thing. He likes it. Doesn't think they will pay a dividend but they might buyback more shares.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$203.360
Owned
Unknown
BUY
BUY
May 2, 2019
There are times when Warren got a little cold. He likes the way he pivots. It makes a lot of sense long-term. Generally speaking they know what they are doing.
There are times when Warren got a little cold. He likes the way he pivots. It makes a lot of sense long-term. Generally speaking they know what they are doing.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$215.930
Owned
Unknown
COMMENT
COMMENT
April 16, 2019
He prefers Fairfax, run by the Canadian Warren Buffet. He really likes their India fund, FIH-T. Berkshire is not a bad choice and should do well if there's market stimulus, but look at Asia for market growth. Only 5% of Indian homes have home insurance, so there's massive room for growth here. If there's a currency shift, then the Asian exposure is a plus.
He prefers Fairfax, run by the Canadian Warren Buffet. He really likes their India fund, FIH-T. Berkshire is not a bad choice and should do well if there's market stimulus, but look at Asia for market growth. Only 5% of Indian homes have home insurance, so there's massive room for growth here. If there's a currency shift, then the Asian exposure is a plus.
Jaime Carrasco
Portfolio Manager, Canaccord Genuity
Price
$211.800
Owned
Unknown
BUY
BUY
March 6, 2019
With this, you're taking the long view and a broad basket approach (a wide portfolio). Has a high-yield and high-cash tilt. Warren Buffet has the benefit of a massive balance sheet over time where they can buy and wait it out over time.
With this, you're taking the long view and a broad basket approach (a wide portfolio). Has a high-yield and high-cash tilt. Warren Buffet has the benefit of a massive balance sheet over time where they can buy and wait it out over time.
Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$199.300
Owned
Unknown
DON'T BUY
DON'T BUY
February 22, 2019
He thinks the issues are that Warren is getting older and there is concern about his replacement. He sees the large cash holding right now is signalling another acquisition soon. He thinks there are a lot of other companies that offer dividends. He would pass on this today.
He thinks the issues are that Warren is getting older and there is concern about his replacement. He sees the large cash holding right now is signalling another acquisition soon. He thinks there are a lot of other companies that offer dividends. He would pass on this today.
Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$201.910
Owned
No
BUY WEAKNESS
BUY WEAKNESS
January 31, 2019
There is lot of value hidden in this one. It is expensive but it is blue chip. It is like a mini-mutual fund.
There is lot of value hidden in this one. It is expensive but it is blue chip. It is like a mini-mutual fund.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$205.540
Owned
Unknown
TOP PICK
TOP PICK
January 22, 2019
Buffet won't live forever, but he's trained smart disciples and build a strong business, so it will be fine. This was oversold in December. He loves their underlying businesses. Efficient operators. Trades now at 1.3x book, and a bargain. (Analysts’ price target is $238.50)
Buffet won't live forever, but he's trained smart disciples and build a strong business, so it will be fine. This was oversold in December. He loves their underlying businesses. Efficient operators. Trades now at 1.3x book, and a bargain. (Analysts’ price target is $238.50)
David Baskin
President, Baskin Wealth Management
Price
$200.720
Owned
Yes
BUY
BUY
January 7, 2019
Pullback here, valuation is very attractive. Ton of free cash flow. Terrific play on US growth. He thinks the US is going to be a great long-term performer, so this is the place to be. A must-purchase for all his clients.
Pullback here, valuation is very attractive. Ton of free cash flow. Terrific play on US growth. He thinks the US is going to be a great long-term performer, so this is the place to be. A must-purchase for all his clients.
Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$196.910
Owned
Yes
WATCH
WATCH
December 27, 2018
It is on his watch list. It is a very good company. He sees it as an insurance company because of its history as to how it trades. There is a higher level of catastrophic losses recently. He prefers Progressive here. We are decelerating from 4 percent to 2 percent economic growth. It is just not a super timely pick.
It is on his watch list. It is a very good company. He sees it as an insurance company because of its history as to how it trades. There is a higher level of catastrophic losses recently. He prefers Progressive here. We are decelerating from 4 percent to 2 percent economic growth. It is just not a super timely pick.
David Fingold
VP and Portfolio Manager, Dynamic Funds
Price
$200.120
Owned
Unknown
BUY
BUY
November 9, 2018
You are buying a stock instead of a mutual fund. They are buying the companies. Mr. Buffet can move the market. He has had outperformance on the stock for 50 years. Very strong balance sheet. He thinks it is a great stock.
You are buying a stock instead of a mutual fund. They are buying the companies. Mr. Buffet can move the market. He has had outperformance on the stock for 50 years. Very strong balance sheet. He thinks it is a great stock.
Rob Tetrault
Portfolio Manager and Senior Vice-President, Tetrault Wealth Advisory Group from National Bank
Price
$219.630
Owned
Yes
HOLD
HOLD
September 12, 2018

He thinks you are buying a fund of investments when you are buying into this. Just remember you are buying a portfolio and you should have a long term hold in mind when investing in this.

He thinks you are buying a fund of investments when you are buying into this. Just remember you are buying a portfolio and you should have a long term hold in mind when investing in this.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$214.590
Owned
No
DON'T BUY
DON'T BUY
July 31, 2018

Buffett has bought many private companies at good prices and they have performed well over time. Recently, the stock has underperformed. He is running into the law of large numbers: when a company gets very large, it is hard to continue to grow at the same rate. The company’s management is evolving, but what will happen to the share price when Buffett dies?

Buffett has bought many private companies at good prices and they have performed well over time. Recently, the stock has underperformed. He is running into the law of large numbers: when a company gets very large, it is hard to continue to grow at the same rate. The company’s management is evolving, but what will happen to the share price when Buffett dies?

Darren Sissons
Vice President and Partner, Campbell Lee & Ross
Price
$197.870
Owned
No
DON'T BUY
DON'T BUY
July 12, 2018

If you are buying this company, you are buying the investment legend Warren Buffet. The biggest risk is Buffet himself and his age. For him that is too much risk.

If you are buying this company, you are buying the investment legend Warren Buffet. The biggest risk is Buffet himself and his age. For him that is too much risk.

Jim Huang
President, T.I.P. Wealth Management
Price
$190.960
Owned
No
SELL
SELL
June 28, 2018

He would take money off the table. Management team – Buffet and Munger – even though strong one is late eighty and the other is early nineties. They are not going to be there forever and lately they made a couple of bad acquisitions. They have this benefit of the self-fulfilling prophesy. But what if they lose that? A high valuation. He would be careful. Certainly, wouldn’t put new money on it.

He would take money off the table. Management team – Buffet and Munger – even though strong one is late eighty and the other is early nineties. They are not going to be there forever and lately they made a couple of bad acquisitions. They have this benefit of the self-fulfilling prophesy. But what if they lose that? A high valuation. He would be careful. Certainly, wouldn’t put new money on it.

John Zechner
Chairman, J. Zechner & Assoc
Price
$187.090
Owned
No
BUY
BUY
June 26, 2018

The stock traded up to EBB+2 in his model, which is high. At $187.14, it has come back to EBB+1, where he would be a buyer. His model price is $176.92. There’s a risk of it going back to $152.

The stock traded up to EBB+2 in his model, which is high. At $187.14, it has come back to EBB+1, where he would be a buyer. His model price is $176.92. There’s a risk of it going back to $152.

Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$186.440
Owned
Unknown
BUY
BUY
April 24, 2018

He thinks this is a successful investment, run by one of the most successful American investors of our time. However, there is headline risk in the company when the management of the company passes from Warren Buffett.

He thinks this is a successful investment, run by one of the most successful American investors of our time. However, there is headline risk in the company when the management of the company passes from Warren Buffett.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$196.800
Owned
Yes
COMMENT
COMMENT
March 20, 2018

Buffet has put together a strong collection of consumer and industrial businesses. However, he is having difficulty in putting capital to work. He has 120 billion in cash on hand and is having trouble finding good places to put it. The company has a good succession plan and they have diversified their operations which will ease the transition to new management after Buffet is gone.

Buffet has put together a strong collection of consumer and industrial businesses. However, he is having difficulty in putting capital to work. He has 120 billion in cash on hand and is having trouble finding good places to put it. The company has a good succession plan and they have diversified their operations which will ease the transition to new management after Buffet is gone.

Geoff Scott
Institutional Portfolio Manager, Cambridge Global Asset Management
Price
$204.750
Owned
Unknown
COMMENT
COMMENT
January 23, 2018

There are few better capital allocators in the world than Warren Buffett and Charles Munger. You should ask yourself 1) what is your opinion on the insurance business and 2) are you positive on the US economy, as there are a lot of companies embedded with them.

There are few better capital allocators in the world than Warren Buffett and Charles Munger. You should ask yourself 1) what is your opinion on the insurance business and 2) are you positive on the US economy, as there are a lot of companies embedded with them.

Colin Stewart
CEO & Portfolio manager, JC Clark Investments Ltd.
Price
$215.560
Owned
No
BUY
BUY
November 29, 2017

Exceptionally well diversified. He likes management teams who have a history of allocating capital well, good returns on invested capital and a good track record. This company is really the personification of all of that.

Exceptionally well diversified. He likes management teams who have a history of allocating capital well, good returns on invested capital and a good track record. This company is really the personification of all of that.

Andy Nasr
VP & Investment Strategist, Sentry Investments
Price
$189.850
Owned
Yes
BUY
BUY
November 17, 2017

Looking at the components, it has underperformed a little, but the chart shows a nice little trend from 2016. This would be a good risk/reward entry point.

Looking at the components, it has underperformed a little, but the chart shows a nice little trend from 2016. This would be a good risk/reward entry point.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$181.060
Owned
Unknown
COMMENT
COMMENT
November 7, 2017

In an interesting spot. Has a multitude of assets and they are great allocators. They have the ability to take a longer-term view on investments. He is more tactical. Prefers to pick and choose assets that go into a portfolio in order to figure out the timing more precisely. Not a bad holding, but not for him.

In an interesting spot. Has a multitude of assets and they are great allocators. They have the ability to take a longer-term view on investments. He is more tactical. Prefers to pick and choose assets that go into a portfolio in order to figure out the timing more precisely. Not a bad holding, but not for him.

Cameron Hurst
Chief Investment Officer, Equium Capital Management
Price
$186.300
Owned
No
BUY WEAKNESS
BUY WEAKNESS
October 16, 2017

There hasn’t been any meaningful pullbacks on the chart, so not many buying opportunities on many of the US stocks. This stock has been unstoppable. It has one of the greatest collection of assets in the US. If you believe the US is going to continue to be a powerhouse and a grower in their economy, this is one of the best ways to play it. On any pullback, he would be in there.

There hasn’t been any meaningful pullbacks on the chart, so not many buying opportunities on many of the US stocks. This stock has been unstoppable. It has one of the greatest collection of assets in the US. If you believe the US is going to continue to be a powerhouse and a grower in their economy, this is one of the best ways to play it. On any pullback, he would be in there.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$187.960
Owned
Yes
COMMENT
COMMENT
September 21, 2017

Not cheap, but when looking at the chart there is a pretty nice trend line. There was a little volatility earlier this year when at $180, and then it dropped to about $158. However, the chart shows a nice upward trend line after forming a cup and handle in mid-2016. Thinks there is going to be somewhat of a bias to value stocks, although they might be acting like growth stocks. Look over the next 10-15 days and pick your spot. Anywhere between $185 and $179 is probably safe if you are a long-term investor, and will do quite well over the next 6-8 months.

Not cheap, but when looking at the chart there is a pretty nice trend line. There was a little volatility earlier this year when at $180, and then it dropped to about $158. However, the chart shows a nice upward trend line after forming a cup and handle in mid-2016. Thinks there is going to be somewhat of a bias to value stocks, although they might be acting like growth stocks. Look over the next 10-15 days and pick your spot. Anywhere between $185 and $179 is probably safe if you are a long-term investor, and will do quite well over the next 6-8 months.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$183.160
Owned
Unknown
DON'T BUY
DON'T BUY
August 21, 2017

It is a proxy for the US stock market. He has no problem owning it. He is concerned about succession planning amongst the management. Also, it is so large that there is so many billion in cash that he can’t put to work. Each acquisition has to be large enough to get the earnings growing over time.

It is a proxy for the US stock market. He has no problem owning it. He is concerned about succession planning amongst the management. Also, it is so large that there is so many billion in cash that he can’t put to work. Each acquisition has to be large enough to get the earnings growing over time.

David Driscoll
President & CEO, Liberty International Investment Management Inc
Price
$178.340
Owned
Unknown
BUY
BUY
July 20, 2017

It has been a phoenix-like rise for the Canadian dollar recently. Given the strength of the stock portfolio it is a pretty good purchase.

It has been a phoenix-like rise for the Canadian dollar recently. Given the strength of the stock portfolio it is a pretty good purchase.

Mohsin Bashir
VP Investments, Stone Asset Management
Price
$171.330
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
May 17, 2017

(A Top Pick March 2/16. Up 9.70%.) When he bought this, he felt it was undervalued on a Price to Book Value basis. This is still a buy.

(A Top Pick March 2/16. Up 9.70%.) When he bought this, he felt it was undervalued on a Price to Book Value basis. This is still a buy.

David Baskin
President, Baskin Wealth Management
Price
$161.260
Owned
Yes
WEAK BUY
WEAK BUY
February 27, 2017

It does not pay a dividend because he believes he can better reinvest it in the company (buying more companies). You cannot disagree with his track record. It may be a stable position for you. There are other areas in the financial industry that look more attractive at this time, however.

It does not pay a dividend because he believes he can better reinvest it in the company (buying more companies). You cannot disagree with his track record. It may be a stable position for you. There are other areas in the financial industry that look more attractive at this time, however.

James Thorne
Sr Portfolio Manager & Chief Capital Markets Strat, Caldwell Investment Management
Price
$170.630
Owned
Unknown
BUY
BUY
February 16, 2017

They are two of the best investors in the world. They made a huge bet on AAPL-Q and on the airline industry. You don’t get rich betting against these two guys. It has not gone up as much as other financials. It is still good value at this price.

They are two of the best investors in the world. They made a huge bet on AAPL-Q and on the airline industry. You don’t get rich betting against these two guys. It has not gone up as much as other financials. It is still good value at this price.

David Baskin
President, Baskin Wealth Management
Price
$167.740
Owned
Yes
WATCH
WATCH
January 5, 2017

His model price is $158.71, a 3% downside. He would wait for a pullback to buy it.

His model price is $158.71, a 3% downside. He would wait for a pullback to buy it.

Brian Acker, CA
Chief Executive Officer, President and Chief Inves, Acker Finley Inc.
Price
$163.300
Owned
Unknown
COMMENT
COMMENT
January 4, 2017

Buy, Sell or Hold? There is nothing wrong with making money, and taking some money off the table is never a horrible idea. In the case of this company however, it is probably premature. What is going on with interest rates is very positive for the insurance business, which is their core business. Also, this has been benefiting from a big run up in equities. He is positive on the company.

Buy, Sell or Hold? There is nothing wrong with making money, and taking some money off the table is never a horrible idea. In the case of this company however, it is probably premature. What is going on with interest rates is very positive for the insurance business, which is their core business. Also, this has been benefiting from a big run up in equities. He is positive on the company.

David Baskin
President, Baskin Wealth Management
Price
$164.080
Owned
Yes
BUY
BUY
November 3, 2016

(Market Call Minute.) You can’t go wrong investing with Warren Buffett.

(Market Call Minute.) You can’t go wrong investing with Warren Buffett.

Barry Schwartz
CIO & Portfolio Manager, Baskin Wealth Management
Price
$143.640
Owned
Yes
TOP PICK
TOP PICK
September 12, 2016

He is trying to look for a bit of value in the market. There is no doubt that an IBM, Wells Fargo, American Express are value names, and who owns about 70% of the portfolios, Kraft-Heinz, Wells Fargo, IDM, Coca-Cola and American Express. Given its strong balance sheet, it is massive cash flow positive on a regular basis, trading at 1.3 to 5X Book. A great valuation play in a pretty frumpy market.

He is trying to look for a bit of value in the market. There is no doubt that an IBM, Wells Fargo, American Express are value names, and who owns about 70% of the portfolios, Kraft-Heinz, Wells Fargo, IDM, Coca-Cola and American Express. Given its strong balance sheet, it is massive cash flow positive on a regular basis, trading at 1.3 to 5X Book. A great valuation play in a pretty frumpy market.

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$148.970
Owned
Yes
PAST TOP PICK