2 days ago
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.'
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