NatalieLopez

 26 Feb 24

tl;dr

Berkshire Hathaway B shares gained 1.9% in premarket trading following strong Q4 operating earnings growth and a record amount of cash reported on its balance sheet. The massive company, founded by Warren Buffet, saw an increase of 28% in Q4 earnings, driven by insurance underwriting and investment ...

Berkshire Hathaway B shares gained 1.9% in premarket trading following strong Q4 operating earnings growth and a record amount of cash reported on its balance sheet. The massive company, founded by Warren Buffet, saw an increase of 28% in Q4 earnings, driven by insurance underwriting and investment income. It now holds $167.6B in cash and short-term securities, putting it close to achieving a $1T market capitalization, which would place it among the ranks of tech giants like Apple, Microsoft, Alphabet, Amazon, and Nvidia.


Of particular note is Berkshire's significant equity holding in Apple, valued at $174B as of December 31, 2023. It also holds a smaller stake in Amazon, consisting of 10M shares valued at $1.52B. As of 8:34 AM ET, Berkshire's B shares were trading at $425 per share, with its A shares closing at $628,930.18 per share on Friday, bringing its market cap to approximately $913B based on its outstanding shares as of February 12.

More about Apple Inc

Apple Inc. is a leading American multinational technology company known for its consumer electronics, computer software, and online services. With a total revenue of $274.5 billion in 2020, Apple is the world's largest technology company and the most valuable company since January 2021. As of 2021, Apple is the fourth-largest PC vendor by unit sales and the fourth-largest smartphone manufacturer. It is considered one of the Big Five American information technology companies, alongside Amazon, Google, Microsoft, and Facebook. The stock performance of Apple Inc. has shown a consistent upward trend, with a current stock price of $201.41. Market sentiment towards Apple remains positive, with the company's market cap standing at $2,818,455,634,000 and a strong Relative Strength Index (RSI) of 24.65, indicating bullish momentum. However, it's worth noting that past market behavior is not always a reliable indicator of future performance, and potential risks or uncertainties should be considered when analyzing the stock's performance.

More about Microsoft Corporation

Microsoft Corporation is a major player in the technology industry, with a market cap of approximately $3.05 trillion and a stock price of $456.25. The company has a strong profit margin of 33.2% and a healthy return on equity of 17.6%. Microsoft's stock has shown a bullish trend, with a 52-week high of $456.25 and a low of $208.16. The company's financial data reflects its position as one of the largest software makers in the world, with a diverse product line including operating systems, office suites, and hardware products like Xbox and Surface. Market sentiment towards Microsoft is positive, as it is considered one of the Big Five companies in the U.S. information technology industry. However, it's important to consider potential risks and uncertainties in the market, as past performance is not always indicative of future results.

More about Alphabet Inc Class C

Alphabet Inc. Class C is a technology conglomerate with a market value of $1,797,324,407,000. The stock has a dividend yield of 0.24% and a price-to-earnings ratio of 25.05. Market sentiment is currently neutral, with a Relative Strength Index (RSI) of 49.66. The stock is currently trading at $149.66, with a 5.8% increase in the last quarter. The company shows potential for bullish trends, but past performance may not be indicative of future results.

More about Alphabet Inc Class A

Alphabet Inc Class A is a technology company with a market cap of 1.8 trillion and a P/E ratio of 24.82. The stock has shown a 5.8% change in the last trading session, closing at 24.34. The market sentiment is currently positive, with a Relative Strength Index (RSI) of 62.06, indicating the stock is not overbought or oversold. However, the stock is approaching a resistance level, and there is a potential risk of a pullback. It's important to monitor the stock's performance closely and consider the potential implications of this analysis on future trading decisions.

More about Amazon.com Inc

Amazon.com Inc is a significant player in the retail-catalog and mail-order houses sector, with a market capitalization of $1.817 trillion. The stock is currently trading at $3,457.84, with a 52-week range of $2,891.48 to $3,773.08. Amazon's stock has exhibited a 6-month return of 13.9%, outperforming the market. The Relative Strength Index (RSI) of 55.78 suggests a neutral sentiment, with potential for further upside. The stock is currently trading 2.9% above its 50-day moving average and 50.69% above its 200-day moving average, indicating a bullish trend. However, caution is advised as the stock is approaching overbought levels. Investors should keep an eye on potential resistance levels and closely monitor market sentiment for any signs of a reversal.

More about NVIDIA Corporation

NVIDIA Corporation is a leading technology company in the manufacturing and semiconductors industry, with a market value of $197.04 billion. The stock is currently trading at $816.76, with a modest increase of 0.16%. The company has a price-to-earnings ratio of 66.23 and a relatively high beta of 2.653, indicating higher volatility compared to the market. The stock has shown a strong performance with a 11.9% return on equity and a bullish trend in the market sentiment. However, it's important to note the potential risks associated with the high beta and market uncertainties, especially in the semiconductor industry.

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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