Berkshire Hathaway Spends $20 Billion on Stocks, Eyes Disney (DIS)
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowBerkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) was a net buyer of stocks during the three months ending June 30, investing $20 billion, primarily increasing its stake in Alphabet. This marked a reversal from a multi-year trend of being a net seller of stocks. Berkshire holds $359 billion in cash, and there are indications that it may consider investing in Walt Disney (NYSE: DIS), which trades at a forward P/E ratio of 14.3, compared to the S&P 500's 21. Disney's adjusted earnings per share increased by 19% in fiscal 2025, suggesting potential growth. Investing in Disney may provide a value opportunity for Berkshire Hathaway in the current market environment.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About The Walt Disney Company (DIS)
The Walt Disney Company is a media and entertainment leader spanning studios, theme parks, television networks, and Disney+ streaming.
The Communication Services sector covers media, entertainment, telecom and interactive companies that connect and inform people.
Earlier DIS news
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- Disney (DIS) Suing FCC Over Retaliatory Campaign Claims
- Disney (DIS) Earnings Beat Estimates; Revenue Grows 7% YoY
- Walt Disney (DIS) Stock Rallies on Strong Earnings from Toy Story 5
- Spider-Man: Brand New Day earns $927M in global opening weekend
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