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Stockwinners Market Radar for February 22, 2025 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
| BRK.A BRK.B | Hot Stocks13:16 EST Buffett says earnings dropped in 53% of 189 Berkshire businesses - Warren Buffett said in the company's annual letter: "In 2024, Berkshire did better than I expected though 53% of our 189 operating businesses reported a decline in earnings. We were aided by a predictable large gain in investment income as Treasury Bill yields improved and we substantially increased our holdings of these highly-liquid short-term securities. Our insurance business also delivered a major increase in earnings, led by the performance of GEICO. In five years, Todd Combs has reshaped GEICO in a major way, increasing efficiency and bringing underwriting practices up to date. GEICO was a long-held gem that needed major repolishing, and Todd has worked tirelessly in getting the job done. Though not yet complete, the 2024 improvement was spectacular. In general, property-casualty insurance pricing strengthened during 2024, reflecting a major increase in damage from convective storms. Climate change may have been announcing its arrival. However, no "monster" event occurred during 2024. Someday, any day, a truly staggering insurance loss will occur - and there is no guarantee that there will be only one per annum."
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| BRK.A BRK.B | Hot Stocks13:13 EST Berkshire Hathaway Q4 cash position $334B vs. $325B last quarter - Warren Buffett said in the company's annual letter: "Despite what some commentators currently view as an extraordinary cash position at Berkshire, the great majority of your money remains in equities. That preference won't change. While our ownership in marketable equities moved downward last year from $354 billion to $272 billion, the value of our non-quoted controlled equities increased somewhat and remains far greater than the value of the marketable portfolio. Berkshire shareholders can rest assured that we will forever deploy a substantial majority of their money in equities - mostly American equities although many of these will have international operations of significance. Berkshire will never prefer ownership of cash-equivalent assets over the ownership of good businesses, whether controlled or only partially owned."
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