MKS saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 67 to 75.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if MKS can continue to show renewed price strength and clear that threshold.
MKS is within a buy zone after breaking past a 107.88 buy point in a consolidation. Once a stock moves 5% or higher beyond the initial entry, it's considered out of a proper buy zone.
EPS growth decreased last quarter from 45% to 12%, but the top line rose from 8% to 10%.
MKS holds the No. 8 rank among its peers in the Electronics-Semiconductor Equipment industry group. Nova, Lam Research and Advanced Energy Inds 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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