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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Berkshire Hathaway Getting Closer To Key Technical Benchmark

The Relative Strength (RS) Rating for Berkshire Hathaway climbed into a higher percentile Tuesday, as it got a lift from 66 to 72.

When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. See if Berkshire Hathaway can continue to rebound and hit that benchmark.

Looking For Winning Stocks? Try This Simple Routine

Berkshire Hathaway is building a consolidation with a 362.20 buy point. See if it can break out in volume at least 40% higher than normal.

The company posted 44% earnings growth in its most recent report. Revenue increased 10%.

Berkshire Hathaway earns the No. 7 rank among its peers in the Diversified Operations industry group. Otter Tail and Seaboard are also among the group's highest-rated stocks.

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