Stock Data
$2,000.01 (0.26%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
INSURANCE - DIVERSIFIED
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in public companies Kraft Heinz Company (26.7%), American Express (18.8%), The Coca-Cola Company (9.32%), Bank of America (11.9%), and Apple (6.3%).
Berkshire became a net buyer of stocks for the first time in over three years, putting roughly $23.5 billion into equities including a $10 billion private placement in Alphabet. Watch whether the buying continues alongside the $4.5 billion of repurchases.
Berkshire's $517.22 finally clears the November 28 peak by 0.66%, ending eight months of going nowhere while the cash pile kept growing. Patience is what the market is rewarding here.
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