Berkshire Hathaway Stock Up 19% So Far In 2024: How It Stacks Up Against Warren Buffett's Averages, S&P 500
Portfolio Pulse from Chris Katje
Berkshire Hathaway Inc. (NYSE:BRK) has seen a 19.3% increase in its stock price year-to-date in 2024, outperforming the SPDR S&P 500 ETF Trust (NYSE:SPY), which is up 12.1%. This marks the best performance for Berkshire since 2021. The company recently sold a portion of its Apple Inc. (NASDAQ:AAPL) holdings. Berkshire's top holdings include Apple, American Express (NYSE:AXP), Coca-Cola (NYSE:KO), Chevron (NYSE:CVX), and Occidental Petroleum (NYSE:OXY).
August 12, 2024 | 3:39 pm
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NEGATIVE IMPACT
Berkshire Hathaway recently sold a portion of its Apple holdings, which may indicate profit-taking or concerns over valuation.
The sale of Apple shares by Berkshire Hathaway could signal concerns over Apple's valuation, potentially leading to short-term downward pressure on AAPL stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
NEUTRAL IMPACT
American Express is one of Berkshire Hathaway's top holdings.
The mention of American Express as a top holding of Berkshire Hathaway does not provide new information that would significantly impact its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEUTRAL IMPACT
Chevron is one of Berkshire Hathaway's top holdings.
The mention of Chevron as a top holding of Berkshire Hathaway does not provide new information that would significantly impact its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEUTRAL IMPACT
Coca-Cola is one of Berkshire Hathaway's top holdings.
The mention of Coca-Cola as a top holding of Berkshire Hathaway does not provide new information that would significantly impact its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEUTRAL IMPACT
Occidental Petroleum is one of Berkshire Hathaway's top holdings.
The mention of Occidental Petroleum as a top holding of Berkshire Hathaway does not provide new information that would significantly impact its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 30
NEUTRAL IMPACT
The SPDR S&P 500 ETF Trust is up 12.1% year-to-date in 2024, underperforming Berkshire Hathaway.
While SPY has shown positive returns, it has underperformed compared to Berkshire Hathaway, which may lead investors to consider alternative investments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Berkshire Hathaway's stock is up 19.3% year-to-date in 2024, outperforming the S&P 500. This is the best performance since 2021.
Berkshire Hathaway's strong performance relative to the S&P 500 and its historical averages suggests positive investor sentiment and potential for continued growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100