Berkshire Hathaway Cl A saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 69 to 72.
IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Berkshire Hathaway Cl A can continue to show renewed price strength and hit that benchmark.
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Berkshire Hathaway Cl A is working on a flat base with a 737,301.00 buy point. See if the stock can break out in heavy volume.
The company posted -6% EPS growth in the latest quarterly report, while sales growth came in at 0%.
The company earns the No. 9 rank among its peers in the Diversified Operations industry group. Johnson Controls Intl, Crane and Emerson Electric are among the top 5 highly rated stocks within the group.
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