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Berkshire Hathaway Has Returned 38.1% Since SmarTrend Recommendation (BRK.A)
Mar 13, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Berkshire Hathaway (NYSE:BRK.A) on October 19th, 2011 at $112,531.00. In approximately 17 months, Berkshire Hathaway has returned 38.10% as of today's recent price of $155,400.00.
In the past 52 weeks, shares of Berkshire Hathaway have traded between a low of $117551.11 and a high of $156224.70 and are now at $155400.00, which is 32% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 0.4%.
Berkshire Hathaway Inc. is a holding company owning subsidiaries in a variety of business sectors. The Company's principal operations are insurance business conducted nationwide on a primary basis and worldwide on a reinsurance basis. Berkshire's other operations include The Buffalo News, aviation training, and retail furniture businesses, as well as shoe, candy, and rug manufacturing.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Berkshire Hathaway shares.Log in and add Berkshire Hathaway (BRK.A) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
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UPDATED 10:47 PM EST - May 21, 2013
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