The Relative Strength (RS) Rating for Masco stock moved up into a higher percentile Thursday, as it got a lift from 64 to 72.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the top-performing stocks often have an RS Rating north of 80 as they begin their largest price moves. See if Masco stock can continue to show renewed price strength and clear that threshold.
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Is Masco Stock A Buy?
Masco stock rallied the last three trading sessions, retaking its 200-day moving average. The home improvement building supplier stock is not currently showing a potential buy point. See if the stock goes on to form a chart pattern that could kick off a new price move.
The company reported -1% EPS growth in its most recent report, while sales growth came in at 0%. Keep an eye out for the company's next round of numbers on or around Feb. 9.
Masco stock holds the No. 21 rank among its peers in the Building-Construction Products/Miscellaneous industry group. TopBuild and LSI Industries are also among the group's highest-rated stocks.
