Where Will Berkshire Hathaway Stock Be in 1 Year?

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) was once an ordinary textile maker before Warren Buffett took over the company in 1965 and grew it into a massive conglomerate. Along the way, he generated truly remarkable gains for its long-term investors. Over those decades, its stock surged by just over 5,520,000% through the end of 2024, while the total returns from the benchmark S&P 500 (including reinvested dividends) were about 39,000%.Under Buffett, Berkshire shuttered its legacy textile business and acquired cash-rich insurance, railroad, energy, and consumer staples companies, among others. It also built up a huge investment portfolio with dozens of stocks such as Coca-Cola, Apple, and American Express.Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool