Motley Fool: Target building solid post-pandemic foundation for long-term growth

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Motley Fool: Target building solid post-pandemic foundation for long-term growth
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Target (NYSE: TGT), armed with convenient same-day services including curbside pickup and delivery, was a magnet for consumers’ dollars at the outset of the...

I can’t believe this — is it true that shares of Warren Buffett’s company, Berkshire Hathaway, sell for around $500,000 each? That prices most of us out.Yup, it’s true — but you can still invest in the company if you want. It’s the Class A shares that are steeply priced — recently near $525,000. But there are Class B shares as well; they recently traded around $345 apiece.

Clearly, few investors can afford a $525,000 share. Fortunately, though, Buffett added Class B shares in 1996. They were initially valued at one-thirtieth of the value of a Class A share, putting their debut price around $1,000. Then, in 2010, Buffett split the B shares 50-for-1, bringing their price down from around $3,500 apiece to around $70. Today, as noted above, an investor can buy a single share of Berkshire Hathaway for around $345.

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