The Relative Strength (RS) Rating for Mastercard headed into a higher percentile Monday, as it got a lift from 68 to 71.
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This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating of over 80 in the early stages of their moves. See if Mastercard can continue to show renewed price strength and clear that threshold.
While the stock is not near an ideal buying range right now, see if it goes on to form and break out of a proper base.
The company posted 13% EPS growth in its most recent report. Revenue increased 14%. The next quarterly results are expected on or around Jul. 24.
Mastercard holds the No. 13 rank among its peers in the Finance-Card/Payment Processing industry group. Cantaloupe, Sezzle and Toast 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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