No. of Recommendations: 6
At the last reporting BRK owns ~$3.6B in Kroger which just bought my local grocer, Giant Eagle, for $1.65B.
Kroger has a $34B market cap and is down 3% in pre-market trading, currently sitting at $53.90/share which is a 52-week low. It's 52-week high is $76.58. It currently sports a 2.6% dividend if that is your bag. I suspect that Ted purchased this for BRK. Buys started in 4qtr2019 when it traded between $23-$29/sh and purchases ceased in 2qtr21 at about $35-38/share.
Giant Eagle is the 800lbs gorilla here but Costco, Walmart, Whole Foods, Aldi's, Trader Joes and some others are all slowly expanding in the area.
