In a welcome move, Berkshire Hathaway stock saw its Relative Strength Rating rise from 62 to 73 on Tuesday.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves. See if Berkshire Hathaway stock can continue to show renewed price strength and hit that benchmark.
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Is Berkshire Hathaway Stock A Buy?
Berkshire Hathaway stock is building a cup without handle with a 362.20 buy point. See if it can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Warren Buffett's holding company reported -6% EPS growth in its most recent report, while sales growth came in at 9%.
Berkshire Hathaway stock earns the No. 8 rank among its peers in the Diversified Operations industry group. MDU Resources Group and Crane Holdings are also among the group's highest-rated stocks.
