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Berkshire Hits $1 Trillion Valuation

August 29, 2024

I just want to give Warren Buffett a huge shoutout.

Officially, Berkshire Hathaway is now worth over $1 Trillion.

The only companies that are still worth more than Berkshire right now are Apple, Microsoft, Alphabet, Meta, Amazon and Nvidia.

Check out our LIVE Nvidia Earnings Reaction Replay here.

But that's it. Berkshire is officially the 7th largest company at over $1 Trillion in valuation.

Here's how the market-cap of Berkshire has grown over the years.

You can see the 10X return over the past 15 years or so since the Great Financial Crisis.

But why is this?

What's in Berkshire that's so special?

It's a ton of Financials and Industrials.

In fact, Berkshire Hathaway is the largest component of the S&P Financials Index $XLF, representing a higher weighting than J.P. Morgan and Goldman Sachs COMBINED!

Here's what Financials and Industrials have been doing (hitting new all-time highs), so it's no wonder that Berkshire is doing the exact same thing:

It's a bull market.

Stocks go up quite often during bull markets.

But Berkshire is now $1 Trillion and the 7th largest company in America.

Is NOW the time to get involved?

You could...

Or you can join us in looking for the next big one.

Our 2-to-100 Club is specifically designed to find the NEXT $100 Billion company.

We've actually made it next to impossible for the next $100 Billion company to NOT come from this list:

The 2-to-100 Club one of the features that Premium Members of ASC Research receive every week. This week's scan and new trade ideas can be found here.

If you're not a member of ASC Premium, you can still start to receive our Weekly 2-to-100 Club scan and ideas here RISK FREE.

It's my favorite scan for a reason.

See you in there!

JC

Finding The Next Nvidia

The Chart Will Tell Us

Instead of buying it at $3 trillion, our focus now is on finding the next Nvidia $NVDA.

That’s why we created The 2-to-100 Club.

We have the data on stocks that have made NVDA-type moves. We broke it down to identify critical metrics.

And then we reverse-engineered it.

The bottom line is it’s almost mathematically impossible for the next hundred-billion-dollar company not to show up on a scan we generate every week.

We went long NVDA a few years ago because of momentum and relative strength, before the AI narrative took hold.

The chart told us it was ready to turn higher.  

It’s not so much that we’re going to “find” the next Nvidia and know it when we see it.

But we will own it when the world begins to realize its value.

As always, if you have any questions about recent price action and what's happening with markets right now, you can always drop us an email.