SeekingAlpha, noting trends in the global economy, picks out five stocks it says will be lucrative in the long run, and one of them is Berkshire Hathaway (BRK-A, BRK-B). As the housing market continues to recover, columnist Frank J. Constantino says Berkshire does has a broad range of investments, but a direct tie to the construction industry: Shaw Industries, which sells flooring and carpeting; Benjamin Moore and Co. produces paint and wall coverings; Johns-Manville manufactures insulation and commercial roofing; the Nebraska Furniture Mart, the largest single furniture store in the nation; as well as Clayton Homes, the largest producer of factory-built homes in North America. As MHProNews has learned, while Berkshire trades at 17.7 times earnings, it is trading at 1.3 times book value, a more important indicator. BRK-A was up +0.01% today, and while BRK-B fell -0.27% today, its stock is just shy of its 52-week high.
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