Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Warren Buffett's Berkshire Is Still Loading Up on This Stock

TheMotleyFool

0 0

Warren Buffett's Berkshire Is Still Loading Up on This Stock

Berkshire Hathaway (NYSE: BRK.B)(NYSE: BRK.A) shares were little moved on Monday, despite the Warren Buffett-led conglomerate reporting results over the weekend. The company's 10-Q for the period revealed that Berkshire has been slow to deploy its growing pile of cash, perhaps contributing to the market's muted response. Its war chest of cash swelled to $149 billion.

But there is one stock that Berkshire Hathaway continued buying aggressively during the quarter: its own. Buffett's Berkshire is on pace to buy back more shares this year than ever before.

Warren Buffett. Image source: The Motley Fool.

Source Fool.com

Like: 0

BRK.A

Share