Elena Nikulina

BRK.B puts part of cash to work, Mark Roussin notes

BRK.B puts part of cash to work, Mark Roussin notes
BRK.B begins utilizing cash reserves

Mark Roussin, founder and senior portfolio manager at Roussin Capital Management, observes that BRK.B appears to have started using some of its billions of cash on hand to make purchases.

Roussin points out that the company has finally hit the buy button, signaling a shift in its capital deployment strategy.

Roussin has previously identified CELH as a high-growth consumer stock trading below recent highs. He also reported on strong earnings and bullish trading strategies for PLTR. His recent commentary on BRK.B’s capital moves adds to a record of tracking major shifts in company strategy.

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