5 Stocks to Buy Before the Next Recession

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

Number of Hedge Fund Holders: 108

Berkshire Hathaway Inc. (NYSE:BRK-B) is an American multinational conglomerate chaired by legendary investor Warren Buffett. Berkshire Hathaway Inc. (NYSE:BRK-B) deals in diversified investments, property and casualty insurance, real estate, consumer products, and the aerospace sector, among a range of other business lines. 

On March 15, Ritholtz CEO Josh Brown said that he is a long-term investor of Berkshire Hathaway Inc. (NYSE:BRK-B), since the company is an “absolute tank”, outperforming 28 out of 30 Dow Jones Average Industrial components. According to Brown, Berkshire Hathaway Inc. (NYSE:BRK-B) looks better than most S&P 500 constituents in the current market, as insurance premiums are mostly recession-proof and act as effective inflation hedges. The company has a fortress balance sheet to see it through a recession comfortably, Brown noted.

Among the hedge funds tracked by Insider Monkey, 108 funds were bullish on Berkshire Hathaway Inc. (NYSE:BRK-B) in Q4 2021, up from 106 funds in the preceding quarter. Bill & Melinda Gates Foundation Trust is the leading shareholder of the company, with 33.6 million shares worth over $10 billion. 

 

You can also take a look at 10 LNG Stocks to Watch Amid Ukraine Crisis and 10 Growth Stocks Under $50 for 2022

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