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10 Oversold Stocks That Are Ready For a Comeback - 1 of 10

 
 

#1 - Berkshire Hathaway (NYSE:BRK.A)

Berkshire Hathaway RSI Score = 37.17

It’s ironic that Warren Buffett’s hedge fund, Berkshire Hathaway (NYSE:BRK/A) (NYSE:BRK/B) that is known for buying value stocks is undervalued. But the stock is down over 20% from its highs from earlier this year. Right now, some investors may be spooked because Buffett appeared to give investors a mixed message.

On the one hand, the Oracle of Omaha was bullish on America. On the other hand, Berkshire is not committing to buying any stocks. And there are some analysts who feel that perhaps the fund was too impulsive in jettisoning all their shares in airline stocks.

However, the market is remaining very bullish, and perhaps Buffett’s reluctance to jump in is an example of following his own advice of “being fearful when others are greedy.” Either way, Berkshire’s portfolio includes over 40 companies. And with signature names like Apple (NASDAQ:AAPL) and Bank of America (NYSE:BAC) the Berkshire portfolio should continue to show strength.

About Berkshire Hathaway

Berkshire Hathaway Inc, through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydro, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. Read More 
Current Price
$709,175.60
Consensus Rating
N/A
Ratings Breakdown
0 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target
N/A

 

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