Should You Buy Berkshire Hathaway Stock? Warren Buffett Has a Crystal-Clear Answer for Investors.
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stock has returned 19% year to date, easily outperforming the 3% decline in the S&P 500 (SNPINDEX: ^GSPC). That large discrepancy underscores the idea that Berkshire's diversified business makes it a defensive investment option.Last weekend, the company hosted its annual shareholder meeting in Omaha, Nebraska. The event reportedly drew about 20,000 people. As usual, CEO Warren Buffett shared many illuminating insights about the stock market and broader economy. But the most surprising announcement was undoubtedly that he plans to step down later this year.With Buffett leaving Berkshire, is the stock still a buy? Here's what investors should know.Continue reading
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stock has returned 19% year to date, easily outperforming the 3% decline in the S&P 500 (SNPINDEX: ^GSPC). That large discrepancy underscores the idea that Berkshire's diversified business makes it a defensive investment option.
Last weekend, the company hosted its annual shareholder meeting in Omaha, Nebraska. The event reportedly drew about 20,000 people. As usual, CEO Warren Buffett shared many illuminating insights about the stock market and broader economy. But the most surprising announcement was undoubtedly that he plans to step down later this year.
With Buffett leaving Berkshire, is the stock still a buy? Here's what investors should know.
