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Berkshire Hathaway Inc. (BRK.A) [hlAlert]

up 78.79 %

Barron's Favorite Stocks for 2012 - Berkshire Hathaway

Posted on: Thursday,  Jan 3, 2013  1:21 AM ET by Barron's favorite stocks for 2012

Barron's favorite stocks for 2012 rated Buy Berkshire Hathaway Inc. (NYSE: BRK.A) on 12/12/2011, when the stock price was $114625.00.
Since then, Berkshire Hathaway Inc. has gained 78.79% as of 08/27/2015's recent price of $204940.00.
If you would have followed this Barron's favorite stocks for 2012's recommendation on BRK.A, you would have gained 78.79% of your investment in 1354 days.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of business activities. The most important of these are insurance businesses conducted on both a primary basis and a reinsurance basis. Berkshire also owns and operates a number of other businesses engaged in a variety of activities. Berkshire?s insurance and reinsurance business activities are conducted through over 60 domestic and foreign-based insurance entities. In March 2008, it acquired 60% of Marmon Holdings, Inc. (Marmon). In November 2008, White Mountains Insurance Group, Ltd. (White Mountains) completed its exchange with Berkshire of runoff businesses. Berkshire exchanged about 95% of its interest in White Mountains for 100% of a White Mountains subsidiary, whose holdings consist of Commercial Casualty Insurance Co. and International American Group Inc.

After a volatile year, stocks are heading into the homestretch about where they began. The benchmark Standard & Poor's 500 Index finished the week at 1255, within a percentage point of where it started the year. The Dow Jones Industrial Average is up 5% in 2011, largely reflecting the strength of a single stock, IBM (ticker: IBM), which has risen 32% to 194 and dominates the price-weighted index owing to its lofty absolute share price. Most equity strategists are optimistic at best about 2012. They're worried that earnings growth and strong corporate balance sheets will be offset, in investors' minds, by the tough economic backdrop and the European debt crisis. Barry Knapp, Barclays Capital's chief market strategist, recently set an S&P 500 target of 1330, 6% above Friday's close. He expects a "difficult" first half followed by a second-half rally. The important offset to the economic and political situation is valuation. U.S. stocks look reasonably priced, especially with 10-year Treasuries yielding 2% and short-term rates near zero. The S&P 500 is valued at 13 times projected 2011 profits and about 12 times next year's projected earnings. Bulls cite the combination of attractive valuations and super-low rates. "I feel like a kid in a candy store…I don't know where to begin," said Joe Rosenberg, chief investment strategist at Loews, told Barron's in last week's interview ("The Best Opportunities in a Half-Century," Dec. 5). Rosenberg is partial to a range of blue-chip stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/12/2011 4:00 PM Buy
1 year
as of 8/27/2015
1 Week down  -1.40 %
1 Month down  -3.28 %
3 Months down  -6.53 %
1 YTD up  15.19 %

(*) Stock Price at the time of the recommendation.
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