No. of Recommendations: 7
Berkshire Hathaway has never been in better shape and that may allow CEO Warren Buffett to capitalize on recent financial dislocations.
Berkshire Hathaway (ticker: BRKb) was sitting on nearly $129 billion in cash at the end of 2022, giving it ample wherewithal for new investments. The company is coming off a record year when the conglomerate generated operating earnings after taxes of $30.8 billion, and this year promises to be even better.
'This is a near perfect environment for Berkshire,' says James Shanahan, an analyst at Edward Jones with a Buy rating on the stock. 'The company has substantial excess liquidity.'
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