Prediction: This Warren Buffett Stock Will Be the Next Trillion-Dollar Company
There are currently seven companies in the world with a market capitalization exceeding $1 trillion. Save for Saudi Aramco, they operate in the technology sector.
Warren Buffett's investment conglomerate, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), is the eighth most valuable company in the world with a market cap of about $870 billion. Shares of Berkshire have risen about 29% during the past year -- roughly in line with the S 500.
Let's break down why Berkshire is such a strong business, and how the company could be next to join the exclusive club of trillion-dollar companies.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€578,000
0.350%
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 12.46% compared to the current price of 578000.0 € for Berkshire Hathaway Inc. A.
