Will Warren Buffett-Led Berkshire Hathaway Join the Dow Jones Industrial Average if It Issues Another Stock Split?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is hovering around an all-time despite last week's sell-off in the major indexes. At the time of this writing, Berkshire's market cap is $1.11 trillion, making it the seventh most valuable U.S.-based company behind Apple, Nvidia, Microsoft, Amazon, Alphabet, and Meta Platforms.Although Berkshire is in the S&P 500, it is not in the Dow Jones Industrial Average (DJINDICES: ^DJI) -- despite being the most valuable non-tech-focused company in the U.S.Here's why a stock split of its Class B shares could help Berkshire's chances of joining the Dow, why some Dow dynamics could still prevent that from happening, and if Berkshire is a value stock worth buying now.Continue reading
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is hovering around an all-time despite last week's sell-off in the major indexes. At the time of this writing, Berkshire's market cap is $1.11 trillion, making it the seventh most valuable U.S.-based company behind Apple, Nvidia, Microsoft, Amazon, Alphabet, and Meta Platforms.
Although Berkshire is in the S&P 500, it is not in the Dow Jones Industrial Average (DJINDICES: ^DJI) -- despite being the most valuable non-tech-focused company in the U.S.
Here's why a stock split of its Class B shares could help Berkshire's chances of joining the Dow, why some Dow dynamics could still prevent that from happening, and if Berkshire is a value stock worth buying now.
