5 Best Conglomerate Stocks to Buy Now

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

Number of Hedge Fund Holders: 110

Berkshire Hathaway Inc. (NYSE:BRK-B) is a renowned conglomerate and investment company led by Warren Buffett, widely considered one of the most successful investors of all time. Berkshire Hathaway Inc. (NYSE:BRK-B) has a diverse portfolio of businesses across various sectors, including insurance, utilities, manufacturing, transportation, and more.

As of April 2023, Berkshire Hathaway Inc. (NYSE:BRK-B) has 1 Buy rating, 1 Outperform rating, and 4 Hold ratings from Wall Street analysts. The stock has an average price target of $367.26, which implies an upside of 12.72% from current levels. Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the best conglomerate stocks to buy now, according to hedge funds.

110 hedge funds held stakes in Berkshire Hathaway Inc. (NYSE:BRK-B) at the end of Q4 2022. The total value of these stakes amounted to $15.7 billion. As of December 31, Bill & Melinda Gates Foundation Trust is the top investor in the company and has a stake worth $7.6 billion.

Follow Berkshire Hathaway Inc (NYSE:BRK.A)

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