Berkshire Hathaway 's shares are trading at a significant discount, offering investors a buying opportunity ahead of the conglomerate's earnings report, according CFRA.
The current trading level is "offering investors an attractive entry point to acquire the shares," Seifert said in a note.
BRK.B YTD mountain Berkshire Hathaway The Omaha-based conglomerate's class A shares have rallied 11.7% this year.
Warren Buffett 's Berkshire is set to report its third-quarter earnings Saturday morning.
"CFRA believes Berkshire's diversified revenue and earnings mix is positive for the shares, and following a recent pullback, we view BRK.B undervalued versus historical averages," CFRA said.
Persons:
Berkshire Hathaway, Catherine Seifert, Seifert, Warren Buffett, CFRA
Organizations:
CFRA's, Berkshire Hathaway
Locations:
Berkshire, CFRA's Berkshire, Berkshire Hathaway The Omaha