Should You Buy Berkshire Hathaway While It's Below $625,000?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is a stock that most investors know about and that many would like to say they own. The problem is that buying a share of the conglomerate is rather costly, noting that the A share class has a 52-week high of around $647,000! With this stock now comfortably below $625,000, should you buy it? There are a few things to consider first.
Berkshire Hathaway actually has two share classes, one with a price tag in the hundreds of thousands of dollars and the other with a more modest price in the hundreds. The more expensive shares can be converted into 1,500 of the less costly ones at the holder's option. Essentially, they both represent ownership in Berkshire Hathaway, just at different percentage levels. So, the first thing any investor needs to consider is which share class is more attractive.
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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 1.88% compared to the current price of 638000.0 € for Berkshire Hathaway Inc. A.
