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) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Berkshire Hathaway fell $1.74 (-1.5%) to $116.47 on average volume. Throughout the day, 3,371,612 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 3,977,200 shares. The stock ranged in price between $116.24-$118.71 after having opened the day at $118.35 as compared to the previous trading day's close of $118.21. Other companies within the Insurance industry that declined today were:
), down 8.1%,
), down 6.2%,
), down 6.1% and
), down 3.3%.
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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 $134.2 billion and is part of the financial sector. Shares are up 32.6% 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 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 shows low profit margins.
- You can view the full Berkshire Hathaway Ratings Report.
On the positive front,
), up 3.6%,
), up 3.0%,
), up 2.4% and
), up 1.9% , were all gainers within the insurance industry with
) being today's featured insurance industry leader.
- Use our insurance section to find industry-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 insurance industry could consider
) while those bearish on the insurance industry could consider
- Find other investment ideas from our top rated ETFs lists.