11 Best Stocks To Invest In For Grandchildren

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

Number of Hedge Fund Holders: 120

Berkshire Hathaway Inc. (NYSE:BRK-B) is a conglomerate with interests in transport, insurance, and other businesses. As per the report for the third quarter of 2024, operating revenues from consumer products reached $2.1 billion and $6.2 billion in the first nine months of 2024, marking increases of 7% and 8.2% compared to the previous year. In February, reports suggested that Berkshire Hathaway had invested $71.5 billion in Apple, the tech giant. This represents about 24% of Berkshire’s $303 billion investment portfolio, underscoring Apple’s importance to the company’s financial strategy. Reuters reported in February that the company had cut over 4,000 jobs in the past year, even as the Warren Buffett-led conglomerate is on track to deliver a record annual operating profit.

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