Berkshire Hathaway Inc (BRK.A): Today's Featured Insurance Winner

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 Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.6%. By the end of trading, Berkshire Hathaway rose $3,520.00 (2.0%) to $182,175.00 on heavy volume. Throughout the day, 619 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 400 shares. The stock ranged in a price between $179,000.00-$182,214.99 after having opened the day at $179,449.83 as compared to the previous trading day's close of $178,655.00. Other companies within the Insurance industry that increased today were: National Security Group ( NSEC), up 9.6%, Aviva ( AV), up 8.0%, First Acceptance Corporation ( FAC), up 6.6% and CNinsure ( CISG), up 4.5%.

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 $152.7 billion and is part of the financial sector. Shares are up 0.1% year to date as of the close of trading on Wednesday.

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, compelling growth in net income, good cash flow from operations 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.

On the negative front, HCI Group ( HCI), down 5.2%, Erie Indemnity Company ( ERIE), down 3.5%, Hilltop Holdings ( HTH), down 3.3% and Independence Holding Company ( IHC), down 3.1%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

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