MKS saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 66 to 80.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest runs.
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 chart pattern.
Earnings-per-share growth dropped in the company's most recent report from 84% to 45%, but the top line rose from 5% to 8%. The next quarterly numbers are expected on or around Jul. 30.
MKS holds the No. 9 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.
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