Berkshire Hathaway at 12-Week High After 11% Rally Over 10 Sessions

Paul Sakuma

Billionaire investor Warren Buffett helps Democratic presidential candidate, Sen. Hillary Rodham Clinton, D-N.Y., raise campaign funds in San Francisco, Calif., Tuesday, Dec. 11, 2007. Bufffett, who has said he would be happy with either Clinton or Sen. Barack Obama, D-Ill., as the next president, already helped Clinton raise at least $1 million during a June event in New York. (AP Photo/Paul Sakuma)

Warren Buffett's Berkshire Hathaway closed today (Friday) at a 12-week high. The stock ended the day (and week, and month) at $134,650, up 1.9 percent on the day.

With help from 5 consecutive daily advances, Berkshire is up 10.8 percent from its recent low of $121,510 on March 15, the day Berkshire released its portfolio snapshot for the first quarter of the year. That was the lowest close for the stock since last October.

The stock has been under pressure since hitting an all-time high of $149,200 on December 10 of last year.

Last December, Barron's ran a prominent "Sell Buffett" headline on its cover, when the stock was going for $143,000.

More recently, short-seller Doug Kass has been critical of what he calls Buffett's "investment-style drift."

Current Berkshire price:

See Warren Buffett Watch on CNBC's The Call, most weekday mornings at 11:50a ET

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