Berkshire Hathaway (NYSE:BRKA)(NYSE:BRKB) just reported strong second-quarter earnings, with operating income rising over 16% year-over-year.
Notably, the company's massive cash **** d declined from over $397 billion in the first quarter to $365.5 billion by the end of the second quarter, as CEO Greg Abel began putting cash to work.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even more interesting is that Berkshire was a net buyer of stocks in the second quarter. According to quarterly reports filed with the Securities and Exchange Commission, the large conglomerate purchased nearly $23.5 billion in stocks in the second quarter and sold only about $3.7 billion.
In the 14 quarters prior, Berkshire had been a net seller of stocks. Is this the screaming buy signal that investors have been waiting for?
#berkshire #stocks #flashing
Notably, the company's massive cash **** d declined from over $397 billion in the first quarter to $365.5 billion by the end of the second quarter, as CEO Greg Abel began putting cash to work.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even more interesting is that Berkshire was a net buyer of stocks in the second quarter. According to quarterly reports filed with the Securities and Exchange Commission, the large conglomerate purchased nearly $23.5 billion in stocks in the second quarter and sold only about $3.7 billion.
In the 14 quarters prior, Berkshire had been a net seller of stocks. Is this the screaming buy signal that investors have been waiting for?
#berkshire #stocks #flashing
2 months ago
