BRK.B

21 Oct: Berkshire Hathaway Inc stock shows strong signs of entering a consolidation

Berkshire Hathaway Inc. stock shows strong signs of entering a consolidation and maturity phase, being a safe long-term stock pick -Solid financial performance but having difficulty generating excess market returns in the future -Valuation is not too expensive, signaling not any red flags compared to its main industry peers -Wells Fargo recent scandal may however have a negative effect to Berkshire Hathaway Inc. if in the future a global banking financial system crisis occur Berkshire Hathaway Inc. stock class B (NYSE:BRK.B) has so far this year an identical performance compared to major market indices S&P and Dow Jones, showing a gain of about 12%. Having a beta of 0.77 means that in fact being a defensive stock, actually performed better than the general stock market. The company is actually a conglomerate, being in the financial sector and insurance industry, but having a diverse portfolio of businesses. The stock has a…