Is Berkshire Hathaway Stock a Buy Now?

Although Wall Street knew it was coming, Warren Buffett's 2025 announcement that he was going to retire was still a huge deal. Having been the chief executive officer of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) for decades, and racking up a hugely successful track record along the way, nobody wanted to see the legendary investor go. But his retirement was inevitable and his successor, Greg Abel, had already been announced.Is the stock worth buying now that the news is out? A nearly $10 billion investment just announced by the company suggests the new CEO is going to get off on the right foot.When a company makes a nearly $10 billion acquisition you normally expect that to be the most important news. But in the case of Berkshire Hathaway it actually isn't. Even more important is the fact that longtime CEO Buffett is set to hand over the reins to Abel at the end of 2025. This marks a huge shift for Berkshire Hathaway and for all of Wall Street.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool