2. As of noon trading, Berkshire Hathaway ( BRK.B) is up $0.73 (0.9%) to $86.00 on light volume Thus far, 1.5 million shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 4.0 million shares. The stock has ranged in price between $84.75-$86.50 after having opened the day at $84.83 as compared to the previous trading day's close of $85.27. 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 $93.7 billion and is part of the insurance industry. The company has a P/E ratio of 15.8, below the S&P 500 P/E ratio of 17.7. Shares are up 11.6% year to date as of the close of trading on Monday. TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Berkshire Hathaway Ratings Report now.