10 Stocks Jim Cramer Thinks You Should Check Out

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

Number of Hedge Fund Investors: 120

Jim Cramer advises that there’s never a bad time to buy Berkshire Hathaway Inc. (NYSE:BRK-B). He suggests purchasing some shares now and then waiting for the stock price to drop before buying more. Cramer believes Berkshire Hathaway Inc. (NYSE:BRK-B) is an excellent investment and recommends taking advantage of any opportunity to add to one’s portfolio.

“When is it a bad time to buy Berkshire? Buy some tomorrow. I think it’s terrific. Then, wait until it comes down and buy some more.”

Berkshire Hathaway Inc. (NYSE:BRK-B) stands out as a strong investment due to its diverse portfolio, excellent financial performance, and dependable leadership under Warren Buffett. Berkshire Hathaway Inc. (NYSE:BRK-B), which includes major businesses like GEICO, BNSF Railways, and significant stakes in giants such as Apple Inc. (NASDAQ:AAPL), has shown impressive results.

In Q2 2024, Berkshire earned $35.9 billion, up from $28.9 billion the previous year, and its operating income grew by 6.6%, thanks to improvements in insurance and energy sectors. Berkshire Hathaway Inc. (NYSE:BRK-B) ’s cash reserves have increased to nearly $150 billion, giving it the flexibility to invest or acquire new assets. Recent moves, such as boosting its stake in Occidental Petroleum and reducing its position in Bank of America Corporation (NYSE:BAC), reflect Berkshire Hathaway Inc. (NYSE:BRK-B)’s strategic approach and confidence in the energy sector. With its strong financial health, broad range of businesses, and Buffett’s steady leadership, Berkshire Hathaway Inc. (NYSE:BRK-B) is well-positioned for ongoing growth and stability, making it a solid investment choice.

While we acknowledge the potential of Berkshire Hathaway Inc. (NYSE:BRK-B), our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than the ones on our list but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: $30 Trillion Opportunity: 15 Best Humanoid Robot Stocks to Buy According to Morgan Stanley and Jim Cramer Says NVIDIA ‘Has Become A Wasteland’.

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