Berkshire Hathaway Shares Reach Eight-Month High as Key Holdings Support Stock
Berkshire Hathaway’s Class A and Class B shares rose this week, reaching an eight-month high, according to a report published by CNBC on Aug. 1. Barron’s analysis said Berkshire’s stock has still significantly underperformed the S&P 500 this year, but the current rally may have further momentum. Three of the company’s largest portfolio holdings—Apple, Coca-Cola and Bank of America—have posted notable gains this year, providing support for Berkshire’s stock.
Berkshire Hathaway’s Class A and Class B shares rose this week, reaching an eight-month high, according to a report published by CNBC on Aug. 1.
Barron’s analysis said Berkshire’s stock has still significantly underperformed the S&P 500 this year, but the current rally may have further momentum. Three of the company’s largest portfolio holdings—Apple, Coca-Cola and Bank of America—have posted notable gains this year, providing support for Berkshire’s stock.
Barron’s analysis said Berkshire’s stock has still significantly underperformed the S&P 500 this year, but the current rally may have further momentum. Three of the company’s largest portfolio holdings—Apple, Coca-Cola and Bank of America—have posted notable gains this year, providing support for Berkshire’s stock.