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 0.2%. By the end of trading, Berkshire Hathaway fell $2,465.00 (-1.3%) to $189,790.00 on average volume. Throughout the day, 361 shares of Berkshire Hathaway exchanged hands as compared to its average daily volume of 400 shares. The stock ranged in price between $189,198.63-$190,979.99 after having opened the day at $189,978.00 as compared to the previous trading day's close of $192,255.00. Other companies within the Financial sector that declined today were: China Commercial Credit ( CCCR), down 10.9%, Doral Financial ( DRL), down 9.9%, Crawford & Company ( CRD.A), down 9.4% and Realogy Holdings ( RLGY), down 8.5%.

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 $164.9 billion and is part of the insurance industry. The company has a P/E ratio of 15.6, below the S&P 500 P/E ratio of 17.7. Shares are up 8.1% year to date as of the close of trading on Friday.

TheStreet Ratings rates Berkshire Hathaway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, good cash flow from operations, solid stock price performance and increase in net income. 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, RCS Capital ( RCAP), up 6.8%, ZipRealty ( ZIPR), up 5.5%, Atlas Financial Holdings ( AFH), up 5.4% and RENN Global Entrepreneurs Fund ( RCG), up 5.3% , were all gainers within the financial sector with Auburn National Bancorp ( AUBN) 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.

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