Berkshire Hathaway is breaking out and may be on its way to becoming the next trillion-dollar company

Warren Buffett.
Gerald Miller | CNBC

Berkshire Hathaway shares have been on a tear on the back of a recent rotation into value and cyclical stocks, setting up the conglomerate to be the next in line for the trillion-dollar market capitalization club.

More In Pro Insight

CNBC ProNike, Meta, and Microsoft are some of today's top stock picks for investors: Pro Market Movers June 27
CNBC ProFinding high dividend yielders with steady and growing payouts
CNBC ProEnd of the second quarter brings hopes that the stock market rally will continue