Jim Cramer on Berkshire Hathaway: "Not Going to Do Anything as Well as it Used To"

Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the stocks in Jim Cramer’s game plan for this week. During the episode, Cramer started his game plan with the stock and said:

“Saturday morning, we get results from Berkshire Hathaway. It’s going to be a little different this year with Greg Abel running the place. We’re hearing some grumblings of late about the performance of the stock, to which I say, are you kidding me? Warren Buffett’s about to retire, CEO, of course, the stock’s not going to do anything as well as it used to, but even with Buffett taking a step back, we can still care about Berkshire, the company, with its amazing properties, by the way, including Burlington Northern, the railroad. And if the conglomerate has a good quarter, the stock’s going to run. So let’s just back down a little bit from the negative.”

Berkshire Hathaway (NYSE:BRK-B) is a diversified holding company with operations that include insurance, railroads, energy, manufacturing, retail, and services. The company’s businesses range from utilities and industrial products to consumer goods, logistics, aviation, and automobile retail. It reported earnings on August 2. Berkshire Hathaway’s (NYSE:BRK-B) operating earnings for Q2 were down 3.8% year-over-year at $11.16 billion, and revenue of $92.52 billion was down by 1.2%.

While we acknowledge the potential of BRK-B as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.