Is Berkshire Hathaway Stock a Good Addition to Your Portfolio? -Breaking
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© Reuters. Are Berkshire Hathaway Stocks a good addition to your Portfolio?Berkshire Hathaway’s (BRK.B) spectacular success over the years has captivated investors. However, given that current supply chain disruptions have negatively impacted several of the Warren Buffet-led conglomerate’s businesses, is the stock worth betting on now? Read on.Famed value investor Warren Buffet’s Berkshire Hathaway Inc . Since acquiring it in mid-1960s, (NYSE:)(BRK.B), the company has been one of the largest in the world. The continued financial strength of the company and its determination to improve shareholder’s intrinsic value made it a 22.8% increase in its share price.
However, BRK.B’s stock has gained only 1.3% over the past month. In addition, the stock has dipped 2.3% over the past three months as global supply chain problems continue to reduce the multinational conglomerate’s profitability.
While BRK.B’s stellar third-quarter performance, strategic acquisitions, and diversified earnings power have attracted investors’ attention, the company’s stock selling activity for the fourth straight quarter could be concerning. Furthermore, Berkshire’s insurers’ expanding losses amid declining claim trends stemming from COVID-19 related business disruptions could hamper its brand value.
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