Why Capital One Stock Rose 41% in 2023
Capital One Financial (NYSE:COF) stock gained 41%, according to data provided by S&P Global Market Intelligence. The bank made headlines when Berkshire Hathaway began building a stake in it earlier in the year. It got an added boost when the Federal Reserve signaled a potential pivot in its interest rate policy late last year.
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2023 was a challenging year for all stocks, including banks. During the year, the Federal Reserve raised interest rates at its fastest pace in four decades to put a lid on inflationary pressures in the economy.
Source Fool.com
Berkshire Hathaway Inc. A Stock
€581,500
1.480%
Berkshire Hathaway Inc. A is currently one of the favorites of our community with 8 Buy predictions and no Sell predictions.
With a target price of 650000 € there is a slightly positive potential of 11.78% for Berkshire Hathaway Inc. A compared to the current price of 581500.0 €.
