Should You Forget Berkshire Hathaway and Buy a Focused Financial Stock Instead?
One option currently provides a guaranteed return on investment.
Overview
Over the years, Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) has grown into one of the world's largest companies, with a valuation of over $1 trillion as of Aug. 12. Historically, Berkshire has been a reliable outperformer, but over the past few years, that hasn't been the case. It's up 42.6% over the past three years compared to the S&P 500's 73.6% return.
With Berkshire embracing a new, post-Warren Buffett era, should investors embrace the company even though it's underperforming, or focus on a pure financial stock instead? Right now, it's likely the latter, with JPMorgan Chase (NYSE: JPM) as the option to consider.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.