Always keep in mind that one million times zero equals zero.
- Manlobbi
Stocks A to Z / Stocks A / Apple (AAPL)
No. of Recommendations: 0
brk, surprised no one has mentioned it. That might explain today's weakness.
No. of Recommendations: 6
brk, surprised no one has mentioned it. That might explain today's weakness.
I don't have access to the report - what did it say? Do you agree with their analysis?
I am on a temporary leave of absence from Berkshire, since I think they are at the high end of their usual valuation level and I don't think their future prospects are that great anyways. I am already heavily exposed to insurance via Fairfax, have a big oil and gas position (including Occidental and Suncor, 2 Berkshire holdings), and own Progressive as a more than satisfactory replacement for GEICO. And I don't like some of Berkshire's big businesses anyway (I'm thinking particularly of AAPL, but also BAC, KO, KHC, Pilot and BH HomeServices.)
But I don't own access to Buffett's immense wisdom and judgment, with $150b ready to jump at a good opportunity. So I might well repurchase a stake, if the price were to come down to $350 or so.
No. of Recommendations: 5
Zacks is more or less the weak sibling next to morningstar
No. of Recommendations: 2
“ Analysts and investors alike will be keeping a close eye on the performance of Berkshire Hathaway B in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $3.41, reflecting a 7.59% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $81.03 billion, showing a 5.11% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $18.50 per share and revenue of $359.6 billion, which would represent changes of +7.68% and -1.34%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Berkshire Hathaway B. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Berkshire Hathaway B currently has a Zacks Rank of #2 (Buy).
In the context of valuation, Berkshire Hathaway B is at present trading with a Forward P/E ratio of 22.1. This represents a premium compared to its industry's average Forward P/E of 13.32.
It's also important to note that BRK.B currently trades at a PEG ratio of 3.16. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Insurance - Property and Casualty industry had an average PEG ratio of 1.18.
The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 53, finds itself in the top 22% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.“
No. of Recommendations: 19
Here're some of the recent headlines - this is what insight really means.
Berkshire Hathaway B (BRK.B) Stock Declines While Market Improves: Some Information for Investors
Berkshire Hathaway B (BRK.B) Increases Despite Market Slip: Here's What You Need to Know Here is What to Know
Beyond Why Berkshire Hathaway Inc. (BRK.B) is a Trending Stock
Berkshire Hathaway B (BRK.B) Stock Falls Amid Market Uptick: What Investors Need to Know
Berkshire Hathaway B (BRK.B) Dips More Than Broader Market: What You Should Know
Berkshire Hathaway B (BRK.B) Stock Moves -1.17%: What You Should Know
Berkshire Hathaway B (BRK.B) Beats Stock Market Upswing: What Investors Need to Know
No. of Recommendations: 24
Here're some of the recent headlines - this is what insight really means.
Berkshire Hathaway B (BRK.B) Stock Declines While Market Improves: Some Information for Investors
Berkshire Hathaway B (BRK.B) Increases Despite Market Slip: Here's What You Need to Know Here is What to Know
...
These statements have continued, repeating with very little change, for more than 100 years. Their nature as truisms, with complete lack of meaning, despite their illusion of specificity, appear to be only getting worse. This is why many classic books on a subject as seemingly modern as finance, can remain so applicable no matter how many decades pass. The author, Fred Shrewd, or it might be, rather, Fred Schwed - who is in equal parts highly insightful and comical - in his 1940 book "Where are the Customer's Yachts?", wrote:
-- start clip --
Some statisticians have to write weekly or even daily market letters. This is a tough way to make a living. It not only requires the constant making of predictions, but it requires putting the predictions down on paper for anyone interested to check on. Sometimes these letters come back with a jug of mustard, and a forceful suggestion that the writer applies the mustard to his letter, and eat it. Statisticians of a nervous, sensitive, sort - after a few such experiences develop a prose style which would make a German 19th metaphysician envious. Here is a favourite clipped out of a Wall St Journal once, and that I have carried around proudly until it is almost as illegible as it is incomprehensible. The journal printed it under the questionable heading - market ideas:
"A leading Brokerage house says - during he slow rise from April lows which carried the Dow Jones Industrial Average from approximately 121 to the 139 level, the action of the market was regarded as in the nature of a technical recovery, with little thought of the imminence of dynamic action. Resistance, as expected was encountered just under 140, but after a 1 day decline, volume dwindled and the market presently appears to be engaged in a somewhat hazy consolidation movement, and perhaps searching for dynamic forces which will encourage broad gage buying and the resulting demolition of resistance barriers."
If the thoughtful reader will now read that statement backwards, he will discover that its original lucidity is not impaired. I have composed a guitar accompaniment to go with it, beginning with that mystic section 'and the market presently appears'. The piece is surprisingly effectively and will be used as the underlying motif in a forthcoming surrealist ballet.
-- end clip --
- Manlobbi
No. of Recommendations: 3
Shwed is timeless, isn’t he! I have made it my annual ritual to read Customers Yachts just ahead of the Berkshire meeting. Timeless wisdom to cleanse the head of clutter
No. of Recommendations: 2
I suggest, without hard evidence, that the Zacks Report of April 23 that apparently started this thread (at #7046)was churned out by an "AI" robot.
Philmordun
No. of Recommendations: 3
"same as it ever was.." and now, new IMPROVED! Written by bots!
