MKS had its Relative Strength (RS) Rating upgraded from 69 to 73 Wednesday — a welcome improvement, but still below the 80 or higher score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks often have an 80 or better RS Rating in the early stages of their moves. See if MKS can continue to rebound and hit that benchmark.
While the stock is not near an ideal buy point right now, see if it goes on to form and break out of a proper base.
While earnings growth declined in the prior quarter from 84% to 45%, sales grew 8%, up from 5% in the previous report. The next quarterly numbers are expected on or around Aug. 6.
The company earns the No. 10 rank among its peers in the Electronics-Semiconductor Equipment industry group. KLA, Nova and Lam Research are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
