Berkshire Hathaway Cl B saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 68 to 77.
IBD's proprietary rating measures price action 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 reveals that the best stocks typically have an 80 or better RS Rating as they launch their biggest runs. See if Berkshire Hathaway Cl B can continue to rebound and clear that threshold.
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Berkshire Hathaway Cl B is building a cup without handle with a 491.67 buy point. See if it can clear the breakout price in heavy volume.
Berkshire Hathaway Cl B posted -6% EPS growth last quarter. Sales gains came in at 0%. The company is expected to report its latest results on or around Feb. 24.
The company holds the No. 3 rank among its peers in the Diversified Operations industry group. Emerson Electric is the No. 1-ranked stock within the group.
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