No. of Recommendations: 7
After Earnings, Is Berkshire Stock a Buy, a Sell, or Fairly Valued?
With increased cash, limited catastrophe losses, and equity selloffs, here’s what we think of Berkshire stock.
Read in Morningstar:
https://stocks.apple.com/AovtjJFg7S0mghFMEZsqbQFew interesting comments. Excerpt:
“While Berkshire is unlikely to pay a dividend as long as Buffett is running the show, the principal insurance subsidiaries could (without prior regulatory approval) pay out as much as $31 billion in ordinary dividends during 2024. We believe the company should be able to easily buy back $6 billion-$7 billion of its common stock quarterly during 2024-28, which is what we’ve forecast for the firm in our initial five-year forecast.”
