Warren Buffett's Berkshire Hathaway Is Building a Stake in a "Confidential" Stock -- Could This Be It?
For the past 58 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been dazzling Wall Street with his investing prowess. Although the Oracle of Omaha is far from perfect -- Berkshire is currently taking a bath on its Kraft Heinz stake -- he's led his company's class A shares (BRK.A) to an annualized return of nearly 20%. Over 58 years, this works out to an aggregate return of 4,426,409%, as of the closing bell on Nov. 27, 2023.
Doubling-up the annualized total return of the S 500, including dividends, over a nearly six-decade stretch is going to get a money manager noticed; and it's precisely why investors wait on pins and needles to discover what the Oracle of Omaha and his team have purchased and sold on a quarterly basis.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
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.
