When building your watch list, focus on stocks with an 80 or higher RS Rating. MKS is one stock that just reached the mark, now earning a score of 82.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against that of all other stocks.
Decades of market research reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves.
While it's not currently an ideal time to jump in, see if the stock is able to offer and clear a proper buy point.
While EPS growth dropped in the company's most recently reported quarter from 84% to 45%, sales grew 8%, up from 5% in the previous report. Keep an eye out for the company's next round of numbers on or around Jul. 30.
MKS earns 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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