The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.

Warren Buffett's Berkshire Hathaway is one of the largest companies in America. Yet, it's not in the Dow. Anand gives his thoughts on whether Berkshire deserves to be included on this list of iconic companies.

Berkshire Hathaway is an institution, and Anand believes it would be a good Dow component and a reasonable purchase at today's prices, but for another stock idea for the year ahead, check out our free report: "The Motley Fool's Top Stock for 2012." To get access immediately, just click here.