59% of Berkshire Hathaway's Portfolio Sits in 5 Dow Stocks. This Is My Top Pick to Buy Now.
Due to its size, Berkshire Hathaway often invests in large, well-known companies that are also included in the Dow Jones Industrial Average.
Overview
Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) and the Dow Jones Industrial Average have a lot in common. Berkshire is one of the most well-respected conglomerates in the world, while the Dow is one of the most well-respected market indexes in the world.
Both have a deep-rooted history and own some of the largest, most prominent companies in the U.S. In fact, there's actually quite a bit of overlap, as former Berkshire CEO Warren Buffett and current CEO Greg Abel have steered Berkshire's capital into several Dow companies.
Details
Nearly 59% of Berkshire's stock portfolio sits in five Dow stocks. This is my top pick right now.
Source
Originally published at www.fool.com.