When putting together your watch list, look for stocks with an 80 or higher RS Rating. Mastercard stock just met that criteria with a new score of 81.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
History shows that the market's biggest winners typically have an 80 or higher RS Rating in the early stages of their moves.
Looking For Winning Stocks? Try This Simple Routine
Is Mastercard Stock A Buy?
Mastercard stock is working on a flat base with a 384.21 entry. See if it can break out in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The payment processor firm posted 13% earnings growth in the latest quarterly report, while sales growth came in at 12%. The next quarterly numbers are expected on or around Apr. 27.
Mastercard stock earns the No. 5 rank among its peers in the Finance-Card/Payment Processing industry group. StoneCo Cl A and WEX Inc. are also among the group's highest-rated stocks.
