BRK.B Stock Trading Near 52-Week High: Should You Buy Now or Wait? – April 28, 2025
From Zacks Investment Research: 2025-04-28 15:26:00
Shares of Berkshire Hathaway Inc. (BRK.B) closed near its 52-week high at $530.96, with a 17.2% gain year to date, outperforming the industry, sector, and the Zacks S&P 500 composite index. The insurance giant beat estimates in three of the last four quarters. Chubb Limited (CB) and Progressive Corporation (PGR) have gained 1% and 10.6% year to date, respectively. Berkshire Hathaway’s stock is trading above the 50-day moving average, but at a premium compared to its industry. The average target price suggests a 2% downside. Analysts are divided on the future earnings growth of BRK.B, but Warren Buffett’s leadership remains a strong point for investors.
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