11 Best Beginner Stocks To Invest In Now

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

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.

Berkshire Hathaway Inc. (NYSE:BRK-B) holds a strong position in the world, especially in the United States. It 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 accounted for nearly $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 presence in multiple industries which diversifies its risk and makes it one of the best beginner stocks to invest in right now. According to Insider Monkey’s database, 120 hedge funds held stakes in Berkshire Hathaway Inc. (NYSE:BRK-B), as of Q3 2024.

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