Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (9) |
Author: mungofitch ✹✺ SILVER
SHREWD
  😊 😞

Number: of 22354 
Subject: Very OT: Break
Date: 07/27/23 7:01 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 27
A stock mentioned here a few times, Bread Financial Holdings BFH, currently at $39.40
Mainly a private label credit card issuer and loyalty program firm, though you wouldn't be able to tell that from the word salad they use as a corporate profile.

They keep making a money. Admittedly less than before, partly because of a stillborn spinoff.
But even with profits the price just kept tanking and tanking, so my old fashioned notions that it might actually be worth something did my portfolio no good at all : )

The reason I mention them:
It seems possible that their out-of-fashion cycle ended with some sort of capitulation around May 4.
The cutlery has bounced.

Since then:
RSP (average S&P 500 company) up 9.7%
SPY up 12.1%
BFH up 67.6%

The estimates of 2023 earnings are running around $9.50 to $11.80, so the P/E is all the way up to the range 3.3 to 4.1
Next year is anticipated to be flattish to a hair down, so it isn't a short term earnings growth story--their business is cyclical.

Still, if you want something still way out of fashion, dirt cheap, but on a momentum tear, this is your baby!
But beware advice from someone who needs the price to rise something like another 75% from here before breaking even on this one : )

Jim
Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to mungofitch here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (9) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community