5 Most Profitable Blue Chip Stocks to Buy

3. Berkshire Hathaway Inc. (NYSE:BRK-A)

Trailing Twelve Month Net Income: $76.6 billion

Berkshire Hathaway Inc. (NYSE:BRK-A) is the investment holding company headed by the world’s most successful investor, Warren Buffet. Despite a $581,695 share price tag, analysts believe that the shares have a long way to go as they have set an average share price target of $632,500.

For their September quarter of 2023 shareholdings, 116 out of the 910 hedge funds surveyed by Insider Monkey had bought Berkshire Hathaway Inc. (NYSE:BRK-B)’s shares. Michael Larson’s Bill & Melinda Gates Foundation Trust owned the biggest stake among these which was worth $7.8 billion.

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