Reported about 2 months ago
Berkshire Hathaway continues to increase its stake in Chubb, having acquired an additional 1.1 million shares, bringing its total to 27 million shares valued at $7.4 billion. The insurance industry appeals to Buffett due to its consistent demand and strong cash flow. With Chubb's history of meeting competitive challenges and delivering dividends, this stock may provide stability and growth, especially in an inflationary environment. However, potential investors should also consider other top stock recommendations from investment advisors.
Source: YAHOO