Image: Berkshire Hathaway continues to be a strong free cash flow generator.
Berkshire Hathaway reported third-quarter results on November 4 that were about in-line with what we were expecting. A huge cash balance and strong free cash flow are par for the course at Berkshire, and the company’s stake in Apple continues to power its equity securities portfolio. Year-to-date shares of Berkshire are up more than 13%, but we do admit that some of the luster has come off shares in light of the performance of asset-heavy names across the utilities and energy sectors. Given Berkshire’s strong run the past few years, we’re not as enamored with shares as we once were, but we still think they are worthy of inclusion to the Best Ideas Newsletter portfolio.
This page is available to subscribers only. To gain access to members only content (including this research piece), click here to subscribe. With a subscription, you'll have access to all of our premium commentary, equity reports, dividend reports and Best Ideas Newsletter and Dividend Growth Newsletter, as well as receive discounts on all of our modeling tools and products. Financial advisers and institutional investors have even more to choose from!