Previous Close | 77.86 |
Open | 77.97 |
Bid | 78.54 x 2200 |
Ask | 78.54 x 1100 |
Day's Range | 77.71 - 78.68 |
52 Week Range | 56.40 - 95.27 |
Volume | |
Avg. Volume | 5,581,382 |
Market Cap | 61.432B |
Beta (5Y Monthly) | 0.55 |
PE Ratio (TTM) | 24.94 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.47 (0.60%) |
Ex-Dividend Date | Apr 13, 2022 |
1y Target Est | N/A |
The bull cases for these Berkshire portfolio components are wildly different, but both stocks look like winners.
The S&P 500 index has been pushed into bear-market territory and now trades down roughly 21% year to date. U.S. gross domestic product (GDP) unexpectedly fell 1.6% in this year's first quarter, and recently released data modeling from the Atlanta Federal Reserve estimates that the country's GDP contracted 1% in the recently completed second quarter. If so, that means the economy will have notched two consecutive quarters in decline and likely have entered a recession.
Warren Buffett has had some good news and bad news so far this year. First, the bad news: Shares of Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) are down around 9% year to date. The good news, though, is that Berkshire is handily outperforming the major market indexes.