Berkshire Hathaway Stock Outlook: Is Wall Street Bullish or Bearish?

With a market cap of $1.1 trillion, Berkshire Hathaway Inc. (BRK.B) is a diversified multinational conglomerate with operations spanning insurance, freight rail transportation, utilities, energy, manufacturing, and retail. The company engages in industries ranging from energy generation and industrial manufacturing to consumer goods, financial services, and retail operations.

The Omaha, Nebraska-based company's shares have lagged behind the broader market over the past 52 weeks. BRK.B stock has risen 10.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 18.5%. Moreover, shares of the company are up 7.6% on a YTD basis, compared to SPX’s 15.1% gain.