10 Best Safe Stocks To Buy According to Analysts

7. Berkshire Hathaway Inc. (NYSE:BRK-B)

Analyst Upside as of December 9, 2024: 13%

10-Year Revenue Growth Rate: 6.95%

Number of Hedge Fund Holders: 120

Berkshire Hathaway Inc. (NYSE:BRK-B) is a multinational company with businesses in multiple industries including financial services, insurance, energy, transportation, rail, and utility. The company has ownership rights and control over multiple major companies across the globe, contributing to its position on our list and its strong financial performance.

In the third quarter of 2024, the company logged nearly $93 billion in revenue. Of the total revenue, insurance premiums were $22 billion and its sales and services segment generated $39 billion. While the company saw a slight decline in revenues during the quarter, analysts remain bullish on the stock, and their median price target points to an upside of 13% from current levels.

Berkshire Hathaway Inc.’s (NYSE:BRK-B) competitive edge lies in its diversified business model and strong financial record, making it one of the safest stocks to buy according to analysts. According to Insider Monkey’s database, 120 hedge funds held stakes in Berkshire Hathaway Inc. (NYSE:BRK-B), as of Q3 2024.