Why Berkshire Hathaway (BRK.B) Stock Is Gaining Today

NEW YORK (TheStreet) -- Berkshire Hathaway (BRK.B) shares are up 1.6% to $127.80 on Monday after reporting second quarter earnings of $1.75 that was 9 cents better than analysts were expecting.

Total revenue for Warren Buffett's holding company were up 11.3% over the previous year's quarter to $49.8 billion, led by increases in the company's railroad, utilities, energy, finance and financial products sectors.

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

TheStreet Ratings team rates BERKSHIRE HATHAWAY as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

"We rate BERKSHIRE HATHAWAY (BRK.B) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins."

BRK.B Chart BRK.BBRK.B Chart YCharts
data by YCharts

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

If you liked this article you might like

General Mills Thinks Outside the Box; Markets Roar Back -- ICYMI

General Mills Thinks Outside the Box; Markets Roar Back -- ICYMI

Buffett's Succession Plan Adds Intrigue to Highly Anticipated Annual Letter

Buffett's Succession Plan Adds Intrigue to Highly Anticipated Annual Letter

Amazon Could Rise Another 18% From Here -- Bonus White Paper
Tune In the 'Trade Channel' on SiriusXM

Tune In the 'Trade Channel' on SiriusXM

Cardinal Health: Why We're Not Worried About Amazon

Cardinal Health: Why We're Not Worried About Amazon