Wall Street's High Rollers: Berkshire Hathaway, RTX, Kinross Gold Hit 52-Week Peaks

The bulls are charging, and these three stocks — Berkshire Hathaway Inc (Class B) BRK, RTX Corporation RTX, and Kinross Gold Corporation KGC — are riding high, each notching fresh 52-week highs.

But is this rally built to last, or are these stocks flirting with overbought territory?

Berkshire Hathaway: A Bullish Behemoth With Momentum

Warren Buffett's juggernaut is flexing its muscles, surging to an all-time high of $537.63.

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Technicals are screaming bullish: the share price sits comfortably above its eight, 20, 50 and 200-day simple moving averages, with a Moving Average Convergence Divergence (MACD) reading of 11.98 supporting upward momentum.

However, there's a small red flag—Berkshire's Relative Strength Index (RSI) of 71.59 signals overbought conditions, hinting at potential near-term cooling. For now, though, the trend is undeniably bullish, and BRK.B stock remains a market darling.

RTX Corporation: A Steady Climb With Room To Run

Defense and aerospace giant RTX has steadily rocketed to $135.41, setting a fresh 52-week high.

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Buying pressure remains strong, as indicated by the stock's bullish position above all key moving averages. The MACD reading of 2.22 confirms the uptrend, while an RSI of 63.80 suggests it hasn't yet hit overbought levels – meaning there's still some fuel left in the tank.

With continued tailwinds from government contracts and defense spending, RTX stock looks well-positioned for sustained strength in the months ahead.

Kinross Gold: A Golden Run With Some Caution

Gold prices may be soaring, but Kinross Gold is leading the charge among miners, hitting a 52-week peak of $12.33.

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Its technicals remain bullish, with the stock price sitting well above its eight, 20, 50 and 200-day simple moving averages. The MACD reading of 0.33 reinforces positive momentum, but some cracks are forming – selling pressure is mounting, which could trigger a pullback.

With an RSI of 64.46, Kinross isn't in immediate danger of overheating, but the risk of short-term bearish movement is creeping in. Gold's next big move will likely determine if KGC stock can extend its rally or take a breather.

All three stocks—Berkshire Hathaway, RTX and Kinross Gold—are riding bullish trends with strong technical backing. However, overbought conditions for Berkshire and selling pressure on Kinross could create some turbulence ahead. Momentum traders should keep a close watch on RSI levels and volume trends to navigate the ride effectively.

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