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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

MasterBrand Shows Rising Relative Price Performance; Still Shy Of Key Benchmark

The Relative Strength (RS) Rating for MasterBrand entered a new percentile Tuesday, as it got a lift from 67 to 73.

IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they launch their biggest price moves. See if MasterBrand can continue to rebound and hit that benchmark.

Can You Really Time The Stock Market?

While now is not an ideal time to buy shares, see if the stock goes on to establish and enter a buying range in heavy volume.

While the company's bottom line growth declined in the company's most recent performance report from 2% to -18%, sales grew 6%, up from -3% in the previous report.

The company earns the No. 4 rank among its peers in the Household-Appliances/Hardware industry group. SharkNinja is the top-ranked stock within the group.

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