The Relative Strength (RS) Rating for Berkshire Hathaway Cl B entered a higher percentile Monday, as it got a lift from 70 to 73.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating of above 80 in the early stages of their moves. See if Berkshire Hathaway Cl B can continue to rebound and hit that benchmark.
When To Sell Stocks To Lock In Profits And Minimize Losses
Berkshire Hathaway Cl B is building a flat base with a 484.82 buy point. See if it can clear the breakout price in heavy trading.
The company reported -6% earnings growth in its most recent report, while sales growth came in at 0%.
The company earns the No. 6 rank among its peers in the Diversified Operations industry group. Crane, Carlisle Cos and Emerson Electric are among the top 5 highly rated stocks within the group.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!