Quick Answer: Is Amazon The Next Berkshire Hathaway?

$1 billion worth of Amazon

In a new quarterly 13F filing this week, Berkshire disclosed that it had bought 54,000 more Amazon shares in the second quarter, bringing its total holdings to 537,300 shares.

After holding for seven years, Berkshire Hathaway exited that position in 2018 at a modest loss.

What stock will be the next Amazon?

S&P 500 Stocks Expected To Be Most Valuable In 12 Months

CompanyTickerStock price on 1/31/2020
Amazon.com(AMZN)2008.72
Alphabet(GOOGL)1432.78
Facebook(FB)201.91
Berkshire Hathaway(BRKA)335996.01

6 more rows

Does Berkshire Hathaway own Amazon?

Berkshire Hathaway Has Bought Amazon Shares. At Berkshire Hathaway Inc.’s (BRK. Trading up about 2% during pre-market trading on Friday morning at $1,940, shares of e-commerce and cloud computing giant Amazon are up over 26% year-to-date (YTD) and more than 500% in the most recent five-year period.

How much of Amazon does Berkshire Hathaway own?

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.

Is Amazon still a good stock to purchase?

Amazon stock is currently not a buy, though conditions are improving. The stock is currently in a consolidation phase, with a buy point of 2,185.95. Buying stocks in a bear market comes with a high risk. It’s wiser for investors to place well-performing stocks on their watchlist for further evaluation.