Berkshire Hathaway Inc. (BRK-A)
After hours:
| Previous Close | 683,400.00 |
| Open | 685,932.00 |
| Bid | 681,140.00 x 1000 |
| Ask | 685,000.00 x 1100 |
| Day's Range | 679,100.00 - 686,054.00 |
| 52 Week Range | 502,000.00 - 741,971.00 |
| Volume | |
| Avg. Volume | 1,760 |
| Market Cap | 980.901B |
| Beta (5Y Monthly) | 0.87 |
| PE Ratio (TTM) | 14.45 |
| EPS (TTM) | 47,222.94 |
| Earnings Date | Nov 04, 2024 - Nov 08, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 722,000.00 |
ZacksBerkshire Hathaway Inc. (BRK.B) Is a Trending Stock: Facts to Know Before Betting on It
Berkshire Hathaway B (BRK.B) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
BloombergBerkshire’s ¥282 Billion Bond Fuels Japan Investment Hopes
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. sold a ¥281.8 billion ($1.89 billion) multi-tranche bond on Thursday in a deal that’s fueling speculation the legendary investor will increase his exposure to Japanese assets.Most Read from BloombergSan Francisco to Shut 9% of Public Schools Amid Budget WoesChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationShould Evictions Be Banned After Hurricanes and Cli
- Yahoo Finance Video
There's 'hidden value' in Wells Fargo: Portfolio manager
As big banks are set to report their third quarter earnings, Gabelli Funds portfolio manager Macrae Sykes joins Catalysts to discuss his top picks in the sector. Sykes points to Wells Fargo (WFC) as one of his top holdings, explaining that the bank has underperformed since it became subject to an asset cap in 2018. However, the bank is reportedly in the final phase of getting its asset cap lifted, which would be very bullish for the stock. In addition, Sykes believes that investors appreciate Wells Fargo's growth path ahead, noting that there's "hidden value" in the company. Sykes adds that Citizens Financial Group (CFG) is in a solid position after acquiring Silicon Valley, despite facing some NII (net interest income) headwinds next year. When it comes to regional banks in general, he expects these companies to be "better positioned and normalized." He explains, "The CRA (Community Reinvestment Act) to some extent has stabilized a little bit. Real estate is doing a little bit better. So I think that helps them. They're more sensitive certainly to NII than, say, the bigger banks, which have more contribution from other segments as well." Warren Buffett's Berkshire Hathaway (BRK-B, BRK-A) offloaded nearly $10 million worth of Bank of America (BAC) shares, and Sykes says, "Obviously, when the biggest shareholder and one of the world's foremost investors is selling, clearly it gives you pause." He explains that Berkshire likely decided to manage its portfolio risk. However, he sees "pretty good trends" ahead for the bank. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Melanie Riehl
