Berkshire: The 8th US Company to Enter 1 $Trln Club!

WallStreet_Tiger
08-28

Yesterday, $Berkshire Hathaway(BRK.B)$ closed up 1.35%, reaching $460.63.

This year, Berkshire's market value has increased by $218 billion. Berkshire's market cap now stands at $992.9 billion, just a step away from the $1 trillion milestone.

Berkshire is poised to become the eighth U.S. company and the ninth globally to join the $1 trillion club.

This club includes the Mag 7: $Alphabet(GOOG)$, $Amazon.com(AMZN)$, $Apple(AAPL)$, $Microsoft(MSFT)$, $Netflix(NFLX)$, $NVIDIA Corp(NVDA)$, $Tesla Motors(TSLA)$, as well as Saudi Arabia's oil company, Saudi Aramco.

Berkshire's strong performance is partly attributed to its investments in popular stock sectors. In the energy sector, Berkshire holds significant shares of $Occidental(OXY)$. In financial services, it owns substantial stakes in Chubb Insurance, American Express, Visa, Bank of America, and Citigroup.

Recently, Berkshire has reduced its holdings in Apple and Bank of America.

Berkshire Enters 1 $Trln Club: Happy Birthday to Buffett!
Berkshire Hathaway enters $1 trln market club just before his Birthday. --------------- After entering trln club, is there still room to grow? Will you invest in Berkshire Hathaway in long-term? What would you say to Buffett on his Birthday?
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