Is the Stock Market Going to Crash? I Don't Know. That's Why I Own This Recession-Resistant Stock.
The stock market has rebounded nicely from the 2022 bear market lows, and most major indexes are within striking distance of their all-time highs. With expectations of falling interest rates, and the continued strength of megacap technology stocks, things have been going quite well for stock investors.
However, it's important for all investors to know that the stock market will crash again -- it's just a question of when. A crash could come next month, next year, in five years, or it could come tomorrow. We have no idea, and there are many potential factors that could cause a crash. But stock market crashes are a normal part of being a long-term investor.
I aim to fill my own portfolio with stocks that should do well over the long term, regardless of whether the market crashes or not. But there's one in particular that I'd be confident to own during a market crash, and that's Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B).
Source Fool.com
Berkshire Hathaway Inc. A Stock
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 2.28% compared to the current price of 635500.0 € for Berkshire Hathaway Inc. A.