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Berkshire Hathaway entries looking amazing!! BRK.B Hey traders, here is another great opportunity to purchase a great company with record high cash balances. Current cash balance = $125 Billion USD For more than a year, markets were perplexed by the abnormal cash balance of Berkshire Hathaway Inc. NYSE:BRK.A NYSE:BRK.B and whether Buffett would ever get a chance to complete a large acquisition with that money, as there seemed to be no way that markets would enter bear territory any time soon. However, what many considered impossible has happened, and both the S&P 500 Index and the Dow are trading more than 20% below their recent highs, according to Bloomberg data. This has improved the prospects for a large acquisition, and successfully completing one could be a catalyst that drives the share price of the conglomerate higher. So lets get straight to the fun stuff!! Before entering a trade three types of analysis should be performed. Fundamental Analysis = The study of financial statements and economic news. (Overall Trend) Technical Analysis = The study of chart history. (Entry & Exit Strategies) Sentimental Analysis = The study of the markets current psychology and traders psychology.(Instinct) After performing the three analysis below are my results: NYSE:BRK.B Fundamental Analysis = LONG-TERM (BUYING) Technical Analysis = SHORT-TERM (SELLING) Sentimental Analysis = Market fears currently higher than confidence. To better explain: This means that right now momentum is headed downwards technically but the overall trend is up fundamentally. So since we know the overall trend is upwards but we are currently headed downwards it creates the perfect timing to use our Fibonacci Retracement tool. A tool that is used to find important entry and exit levels in a trending market. Which is traditionally applied to the low & high of a trend. Here were my results: As you can see in the chart above we have already retraced with a spike below the 38.2% level at $190.02. Markets are still showing downwards momentum that is headed towards the 50% level - 61.8% level. MY SUGGESTION: Place LONG orders totaling anywhere from 1-5% of your total trading capital on each retracement level below: 23.6% = $205.81 (BUY) 38.2% = $190.02 (BUY) 50.0% = $177.26 (Great trade opportunity) (BUY) 61.8% = $164.50 (What I consider the PERFECT IDEAL TRADE) (BUY) 78.6% = $146.34 (ABSOLUTE BARGAIN!!) (BUY) Take profit: $231.61 at the previous ATH . (All Time High) Be patient and trust the process. This monster of a stock will most definitely return to break more records in the upcoming months when the continuation wave arrives and aligns with the fundamentals. If you enjoy these quick signals/tips make sure to FOLLOW ME & show support by leaving a LIKE!!
NYSE:BRK.BLong
by FxEarnings
2
BRK.b valuationAt over 19x forward earnings it would appear BRK.b stock isn't exactly cheap right now. In fact, a fair valuation model (DCF) suggests it could be valued at this price by year end 2020 based on long term earnings growth estimates of 7%. Looking at earnings estimates for 2019 gives projections for 10.40 EPS. A long term average market multiple of 17x suggests $177 valuation. The 2020 EPS estimate of 11.6 at a market mulitiple of 17x would imply a valuation around 200 by year end 2020. With no dividend yield investors are not 'getting paid to wait'. Holding this stock is all about making capital gains. Meanwhile the downside volatility doesn't do the long investor any favors. I'm sure the theory is Berkshire can reinvest earnings better for long term growth rather than returning earnings to shareholders in div yields. But this week Buffett admits he's sitting on billions in idle cash because market valuation has been too high to justify making any new large acquisitions. What do you think? At 19x forward earnings is BRK.b a good investment right now to buy and hold for the next few years?
NYSE:BRK.B
by dime
1
$KR Is A Must Own With $BRK.B Long$KR is a stock to own now that the Oracle of Omaha has gone long. The stock has underperformed and is down 2.52% over the past year. For investors looking for defensive positions, we think $KR is one of the best spots to park some money for the long haul. $KR also sports a 2.27% dividend yield and trades at just 12x this year's earnings. The Kroger Co. operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The company's marketplace stores offer full-service grocery, pharmacy, health and beauty care departments, and perishable goods, as well as general merchandise, including apparel, home goods, and toys; and price impact warehouse stores provides grocery, and health and beauty care items, as well as meat, dairy, baked goods, and fresh produce items. It also manufactures and processes food products for sale in its supermarkets; and sells fuel through 1,537 fuel centers. As of September 25, 2019, the company operated 2,759 retail food stores under various banner names, as well as an online retail store. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio. As always, use protective stops and trade with caution. Good luck to all!
NYSE:KRLong
by InsiderFinancial
BRK.B Defensive after earningsSeasonal defensive BRK.B has bounced off the 200MA. It fell last week (w/e May 10) despite beating on earnings. There were no guidance issues, but it was caught up in the trade war sell-off, despite being a defensive little affected by this, and by being overbought. I suggest entry at 208 ($1 below market). We are relying on the rising channel (note the very precise channel touches) to avoid a repeat of Feb-Mar price action, hence the tight stop of 203, just below last week’s low. Targeting 224, the previous ATH gives a 3.2:1 trade.
NYSE:BRK.BLong
by adatherton
BRK.B back-to back harmonic patterns opportunities!To be honest, I've never trade or invest in BRK.B in my entire financial career. As an investor, I don't like to pick a no-dividend stock; as a trader I don't like its low volatility. While, it's also been relatively much weaker than the market since 2019 because of the KHC investment and other factors. To take a trade with an out below 184.00 is my idea as that would be a very important out! Here we got these back-to-back harmonic patterns, so I'll be waiting to buy at the 188.5 spot. Let's see how it goes!
NYSE:BRK.BLong
by Trader_Joe_Lee