On Thursday, MasterBrand earned an upgrade to its Relative Strength (RS) Rating, from 78 to 81.
This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.
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While MasterBrand is not near an ideal buying range right now, see if it is able to form and break out of a proper base.
Earnings-per-share growth fell in the company's latest report from 3% to 2%, but sales rose from -6% to -3%. The company is expected to report its latest earnings and sales numbers on or around Nov. 5.
MasterBrand holds the No. 5 rank among its peers in the Household-Appliances/Hardware industry group. SharkNinja is the No. 1-ranked stock within the group.
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