Jim Cramer on Berkshire Hathaway: “I Would hold on to It for a Year”

Jim Cramer gave top insight on Berkshire Hathaway Inc. (NYSE:BRK-B), sharing a game plan of what to buy, sell, and hold right now. A caller asked whether the stock is a buy, sell, or hold, and questioned whether philanthropic stock sales might negatively impact the share price. Cramer replied:

Wow, you know what? You actually hit on something pretty interesting there. Here’s how I feel about it. I think you have to wait a year. We can’t make a judgment yet. We gotta see what, this is a long-term company, and long-term means at least one year before we make a judgment. So I would hold on to it for a year. I do hope that they continue to be open-minded about what they own so we can make better judgments.

Photo by Adam Nowakowski on Unsplash

Berkshire Hathaway Inc. (NYSE:BRK-B) is a conglomerate that operates a diverse range of businesses, including insurance, freight rail, utilities, manufacturing, retail, and consumer products. The company also provides construction materials, aerospace and industrial components, energy services, and financial and logistics solutions.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years 

Disclosure: None. Follow Insider Monkey on Google News.