Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the 10 Best Non-Tech Stocks to Buy and Hold For 3 Years. On June 3, analyst Brian Meredith from UBS lowered its price target on Berkshire Hathaway Inc. (NYSE:BRK-B) from $606 to $591, while keeping a Buy rating on the stock.
The analyst noted that the price revision reflects the conservative investment approach of Berkshire Hathaway Inc. (NYSE:BRK-B). The company’s investment approach prioritizes liquidity and risk mitigation amidst volatile market conditions. However, while the analyst lowered the price target, he maintained a Buy rating due to the company’s strong balance sheet and diversified investment portfolio. Brian Meredith noted that these factors are key strengths of Berkshire Hathaway Inc. (NYSE:BRK-B), which supports its long-term value.
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Moreover, Qualivian Investment Partners also mentioned Berkshire Hathaway Inc. (NYSE:BRK-B) in its Q1 2025 investor letter. The fund noted the company to be among the top three contributors for the quarter.
Berkshire Hathaway Inc. (NYSE:BRK-B) is a large holding company that owns and operates various businesses through its subsidiaries.
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.
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Disclosure: None. This article is originally published at Insider Monkey.