While the attention of American stock investors is focused on the "big seven", a US stock giant, Berkshire Hathaway of the "stock god" Buffett, has quietly hit a new high in history. Part of the recent rise in Berkshire Hathaway's stock price reflects a shift in the focus of US stocks from technology stocks to value stocks. Product structure, 10-30 billion yuan products operating income of 401/1288/60 million yuan respectively.
Since the beginning of this year, the "Big Seven" of the US stock market has been leading the rise of the US stock market. These seven tech giants have also been dominating the news headlines and become the focus of investors' attention. But at the same time, a US stock giant, Berkshire Hathaway Group of the "stock god" Buffett, has quietly hit a new high in history.
Berkshire Hathaway, the stock price of the recent rise, reflecting part of the transfer of US stocks from technology stocks to value stocks.
Berkshire Hathaway hits a new high in history.
On Monday, Eastern Time,$Berkshire Hathaway-A (BRK.A.US)$It closed at $6.52997 million, up 2.11% from the previous high of $6.47039 million set in February this year, setting a new record high.
Berkshire Hathaway's stock price has risen continuously in the past five trading days. Since the beginning of this year, the stock has accumulated a 20.34% increase.
After Monday's rise, Berkshire Hathaway's market capitalization was pushed up to about $937.2 billion (calculated based on the published floating shares).
Berkshire Hathaway Group is huge, with dozens of insurance, energy, manufacturing, retail, and service companies under its umbrella, making it a microcosm of the entire US economy.
Is the center of gravity of US stocks shifting to value stocks?
The recent rise in Berkshire Hathaway's stock price reflects in part that the center of gravity of US stocks is beginning to shift from technology stocks to value stocks.
As leading tech stocks, led by Nvidia, have stalled in recent gains, some investors have started moving funds from high-flying tech stocks to value stocks.$iShares S&P 500 Value ETF (IVE.US)$Berkshire Hathaway is clearly a representative of value stocks, and also the largest component stock of the two aforementioned index ETFs.
The recent price rebound of the stock has also pushed up the price of Berkshire Hathaway. Since the end of March this year, the price of Apple has risen by 37%, especially after Apple announced its AI strategy in June, the price of Apple has accelerated to rise. Apple is Buffett's largest holding, accounting for 44.5% of Berkshire Hathaway's stock investment portfolio.
At the same time,$Apple (AAPL.US)$The trend of Apple's stock price over the past year.
Although 93-year-old Buffett has donated more than half of his Berkshire Hathaway stocks he holds since 2006, he still holds about 14.5% of the company, worth about $135.8 billion. According to Forbes, Buffett is ranked eighth on its global rich list.
Editor/ping