Should You Buy Berkshire Hathaway While It's Below $470?
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is an iconic company that is, for now, run by one of the most famous investors in Wall Street history: Warren Buffett. But shortly after Buffett announced he would retire from his CEO role at the end of 2025, Berkshire Hathaway shares started to deflate. They are now down around 15%, and its class B shares are trading below $470. Is this a good opportunity to buy the stock?
Berkshire Hathaway is classified as a finance sector company largely because it has significant insurance operations. And that isn't a bad label to put on it -- every company has to be categorized somewhere -- but it doesn't do justice to the actual businesses owned by the diversified conglomerate. Berkshire Hathaway's corporate umbrella covers more than 180 wholly owned companies. It also holds a massive portfolio of publicly traded stocks.
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Source Fool.com
