Should You Buy Berkshire Hathaway While It's Below $450?
Long-term Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) investors are incredibly happy. For decades, this one stock has consistently beaten the market. Since its inception, its average annual returns have been about 20% -- roughly double the performance of the S 500.
But is Berkshire stock still a buy today? If you want to set your portfolio up for success, keep reading.
For years, Berkshire's chief executive officer, legendary investor Warren Buffett, described book value as a reasonable way to value the company. After all, the company was essentially a vast and complex conglomeration of disparate assets. By looking at the company's price-to-book ratio, you could see how the market was valuing these assets, in a very rough way.
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 7.26% compared to the current price of 606000.0 € for Berkshire Hathaway Inc. A.
