J.P. Morgan Asset Management Global Market Strategist Jack Manley joins Yahoo Finance Live to discuss stocks selling off, fourth quarter earnings for big banks, inflation data, and the Fed.
If you were lucky enough to own a $3,000 stake in Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) when he took control of the company in 1965, that position would now be worth nearly $81 million. The Oracle of Omaha's knack for finding high-quality long-term investment opportunities has led to market-crushing results, and his storied performance means the investing world tends to keep a close eye on his company's holdings. Let's take a closer look at five top stocks backed by Berkshire Hathaway that are worth buying and holding for the long term.
E-commerce player Etsy (NASDAQ: ETSY) was a big beneficiary of the online shift. The company specializes in handcrafted, personalized gifts and has made a name for itself as a niche player within the e-commerce space. The past two years have seen Etsy's share price more than triple to about $163 currently, but it's sharply off its all-time high of close to $300.