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) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Berkshire Hathaway fell $2,200.00 (-1.3%) to $170,800.00 on light volume. Throughout the day, 289 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 400 shares. The stock ranged in price between $170,440.00-$172,657.00 after having opened the day at $172,533.00 as compared to the previous trading day's close of $173,000.00. Other companies within the Financial sector that declined today were:
), down 13.7%,
), down 12.5%,
), down 11.1% and
), down 6.8%.
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Berkshire Hathaway, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business. Berkshire Hathaway was founded in 1889 and is based in Omaha, Nebraska. Berkshire Hathaway has a market cap of $148.9 billion and is part of the insurance industry. Shares are up 29.0% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, compelling growth in net income, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Berkshire Hathaway Ratings Report.
On the positive front,
), up 35.1%,
), up 19.4%,
), up 14.7% and
), up 12.0% , were all gainers within the financial sector with
) being today's featured financial sector leader.
- Use our financial section to find sector-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider
) while those bearish on the financial sector could consider
- Find other investment ideas from our top rated ETFs lists.