Jim Cramer Says He Likes Berkshire Hathaway
Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the 15 stocks that Jim Cramer recently talked about. Inquiring about Berkshire Hathaway Inc. (NYSE:BRK-B), a caller asked Cramer if he had something positive to say about it. In response, Cramer commented:
'Alright, so Berkshire B. Yeah, look, I like it. I know that Warren's retiring. I get that. But you know what? He has a big bench. He has terrific people, and I know that we should all love and appreciate Warren, but I am also going to appreciate him for what I think is going to be a consistent way to have a new CEO. And that's how I'm gonna leave it.'
A team of insurance professionals in a boardroom overlooking a city skyline.
Berkshire Hathaway (NYSE:BRK-B) is a diversified conglomerate with operations that span across insurance, transportation, energy, manufacturing, retail, and services industries. The company offers a wide range of products from industrial components to consumer goods, along with financial and logistics solutions. In a March episode, Cramer showed a lot of appreciation for the stock. He said:
'I'll tell you the truth, I'm not even going to spend a second on it, that's how much I like it. And by the way, it passed Tesla. That's one of the reasons why I say that I ban that particular term (the Magnificent Seven). Berkshire snuck up there, and a couple of others have snuck past Tesla. So how can you have seven stocks if one of them is the tenth? This is a terrific stock, and the last quarterly report I read; it's just smoking. Just own it, just own it.'
While we acknowledge the potential of GTLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
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