Jim Cramer’s Bold Predictions About These 10 Financial Stocks

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

Number of Hedge Fund Holders In Q3 2024: 120

Date of Cramer’s Comments: 09-05-24

Performance Since Then: 1.81%

Berkshire Hathaway Inc. (NYSE:BRK-B) is Warren Buffett’s investment holding company with stakes in a variety of businesses. The firm’s largest business is its insurance division closely followed by its utility and energy operations. Despite the well-diversified business model with stakes in railroad, construction, and energy, Berkshire Hathaway Inc. (NYSE:BRK-B) nevertheless depends on robust economic performance for its share price gains. Therefore, it was unsurprising that the stock fell by 2% after the Fed’s interest rate decisions and soared by 5.4% after the November election. Here’s what Cramer said in September:

“When is it a bad time to buy Berkshire? Buy some tomorrow. I think it’s terrific. Then, wait until it comes down and buy some more.”