Updated
Updated · MarketWatch · May 6
Masco stock rises but trails rivals
Updated
Updated · MarketWatch · May 6

Masco stock rises but trails rivals

8 articles · Updated · MarketWatch · May 6
  • Masco shares gained 2.19% to $71.95 on Wednesday, while PPG rose 4.81%, Fortune Brands 4.58% and Spectrum Brands 3.22%.
  • The advance came in a broadly stronger market, with the S&P 500 up 1.46% and the Dow Jones Industrial Average up 1.24%.
  • It was Masco's second straight daily gain, but the stock remained 9.14% below its 52-week high of $79.19 and volume was slightly below its 50-day average.
With analysts calling it both undervalued and a 'stock to sell,' what is the real risk hiding behind Masco's solid profits?
Despite strong earnings, why does Masco trail rivals who are aggressively chasing smart home technology and acquisitions?