No. of Recommendations: 9
Thanks.
Extracted a few sentences:
While it’s very difficult to replace a legendary investor such as Mr. Buffett, we believe that the company will be in good hands. Mr. Abel has been effective at managing and implementing changes within the company.
We look for most of the company’s operating segments to perform well this year, while above-average investment returns, which are a common occurrence at Berkshire, ought to further propel growth. [Really?]
We expect bottom-line progress to resume next year.
We forecast that earnings will hit the $30.00-a-share mark by the 2028-2030 time frame. [Op. earnings $22/b-share in 2024]
Berkshire has a history of outperforming expectations, and we believe that this should continue with a new CEO at the helm.
These shares offer worthwhile risk adjusted total-return potential for the pull to 2028-2030. Acquisitions, which aren’t included in our projections until they are consummated, could add meaningfully to our long-term projections.