3 Reasons (Other Than Warren Buffett) to Buy Berkshire Stock

Shares in Warren Buffett's Berkshire Hathaway (symbols BRK.A and BRK.B) enjoyed a market-beating 2016.

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Shares in Warren Buffett's Berkshire Hathaway (symbols BRK.A and BRK.B) enjoyed a market-beating 2016. The lower-priced and more actively traded Class B shares surged 23.4% last year, compared with a 9.5% gain for Standard & Poor’s 500-stock index. Some who follow the company think investors can look forward to more of the same this year.

"We expect the outperformance to continue in 2017 as the outlook for [Berkshire's] major segments improves and upside remains from corporate tax reform and infrastructure spending," wrote UBS analyst Brian Meredith in a recent research note.

Buffett’s decades-long track record of success is reason enough to invest in Berkshire, but the 86-year-old won't be around forever. (Buffett’s successor has been chosen, according to the company, though the identity of the pick hasn’t been revealed publicly.) So here are three good reasons other than Buffett to invest in Berkshire Hathaway's stock right now.

Dan Burrows
Senior Investing Writer, Kiplinger.com

Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016.

A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities.

In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics, demographics, real estate, cost of living indexes and more.