Berkshire Hathaway Inc (BRK.A): Today's Featured Financial Laggard

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.

Berkshire Hathaway ( BRK.A) 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: Bank Bradesco ( BBDO), down 13.7%, Income Opportunity Realty Investors ( IOT), down 12.5%, Millennium India Acquisition Corporation ( SMCG), down 11.1% and Carrollton Bancorp ( CRRB), down 6.8%.

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 Berkshire Hathaway as a buy. 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.

On the positive front, Paulson Capital ( PLCC), up 35.1%, Vestin Realty Mortgage II ( VRTB), up 19.4%, American Realty Investors ( ARL), up 14.7% and China Commercial Credit ( CCCR), up 12.0% , were all gainers within the financial sector with Ventas ( VTR) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

How to Make Your Life Successful Just Like Billionaire Warren Buffett

How to Get Rich Using Warren Buffett's Favorite Stock Market Indicators

How to Live Just Like Billionaire Warren Buffett

How to Make a Deal Like Billionaire Investor Warren Buffett

How to Invest Like Billionaire Warren Buffett