Are you a technical investor? If so, it may be time to consider MKS Instruments, Inc. (MKSI) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for MKSI.
This trend may have already begun, as shares of MKSI have moved by higher by 8.0% in just the past month. Plus, TREX has earned itself a Zacks Rank #1 (Strong Buy), so there is plenty of reason to believe that the run for MKS Instruments, Inc. has plenty of life left.
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