Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.6%. By the end of trading, Berkshire Hathaway rose $1.72 (1.6%) to $113.00 on average volume. Throughout the day, 3,775,047 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 3,530,100 shares. The stock ranged in a price between $111.38-$113.33 after having opened the day at $111.85 as compared to the previous trading day's close of $111.28. Other companies within the Financial sector that increased today were:
), up 27.7%,
), up 14.9%,
), up 14.0% and
), up 12.5%.
- EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
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 $131.0 billion and is part of the insurance industry. The company has a P/E ratio of 15.4, below the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Berkshire Hathaway Ratings Report.
On the negative front,
), down 27.9%,
), down 24.2%,
), down 10.4% and
), down 9.3%.
- Use our financial section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
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.