In a welcome move, Berkshire Hathaway Cl A saw its Relative Strength Rating improve from 68 to 76 on Tuesday.
IBD's proprietary RS Rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matched up against all other stocks.
History shows that the best stocks often have an RS Rating of at least 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 trying to complete a cup without handle with a 737,301.00 buy point. See if it can clear the breakout price in volume at least 40% above average.
Berkshire Hathaway Cl A reported -6% earnings growth in its most recent report, while sales growth came in at 0%. The next quarterly numbers are expected on or around Feb. 24.
Berkshire Hathaway Cl A earns the No. 8 rank among its peers in the Diversified Operations industry group. Emerson Electric, 3M and Berkshire Hathaway Cl B are among the top 5 highly rated stocks within the group.
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