Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Berkshire Hathaway (NYSE: BRK.A) hit a new 52-week high Friday as it is currently trading at $163020, above its previous 52-week high of $161969 with 75 shares traded as of 9:33 a.m. ET. Average volume has been 500 shares over the past 30 days.

Berkshire Hathaway has a market cap of $142.56 billion and is part of the financial sector and insurance industry. Shares are up 20% year to date as of the close of trading on Thursday.

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. The company has a P/E ratio of 17.8, equal to the S&P 500 P/E ratio of 17.7.

  • 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.

TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, good cash flow from operations, solid stock price performance and notable return on equity. 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.

See all 52-week high stocks or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.

null

More from Markets

John Bogle, Founder of Vanguard and Creator of Index Fund, Dies at 89

John Bogle, Founder of Vanguard and Creator of Index Fund, Dies at 89

Government Shutdown Creating Information Blackout for Economists, Policymakers

Government Shutdown Creating Information Blackout for Economists, Policymakers

Eddie Lampert Wins Approval for $5.2 Billion Deal to Save Sears from Liquidation

Eddie Lampert Wins Approval for $5.2 Billion Deal to Save Sears from Liquidation

Real Goods Solar Plows Ahead With Energy Plans

Real Goods Solar Plows Ahead With Energy Plans

3 Things to Know at Market Close: Goldman Sachs, PAX Labs, and CBD

3 Things to Know at Market Close: Goldman Sachs, PAX Labs, and CBD