Embracing Stability with Berkshire Hathaway
When Cerity Partners’ Jim Lebenthal selected Berkshire Hathaway Inc. as one of CNBC’s ‘Final Trades,’ he endorsed the conglomerate as a beacon of dependability. Describing it akin to an ‘easy button,’ Lebenthal’s sentiment resonated with investors seeking shelter from market vagaries.
Insider Analysis in the Financial World
On February 28, UBS analyst Brian Meredith’s bullish stance on Berkshire Hathaway not only emphasized reliability but also underscored the company’s potential for growth, reflected in the increased price target of $477.
Spotlight on Profitable Small-Caps
Shannon Saccocia’s endorsement of the iShares Core S&P Small-Cap ETF, highlighted the allure of profitable small-cap entities thriving amidst economic headwinds. Saccocia’s choice echoed a sentiment of resilience and adaptability.
Diving into the Energy Sector
Joshua Brown’s pick of the iShares U.S. Oil & Gas Exploration & Production ETF underscored the ever-changing dynamics of the energy market. Against a backdrop of fluctuating crude oil inventories and rising WTI prices, Brown’s choice hinted at a calculated risk amidst sector volatility.
Price Movements:
- Berkshire Hathaway shares closed at $420.52 on Thursday, reflecting a gain of 0.9%.
- iShares Core S&P Small-Cap ETF saw a 0.5% increase on Thursday.
- iShares U.S. Oil & Gas Exploration & Production ETF showed a 1.3% rise during the Thursday trading session.