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Why Shares of Masco Rose 11% in October

TheMotleyFool

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Shares of home improvement product manufacturer Masco (NYSE: MAS) were up 11% in October, according to data provided by S&P Global Market Intelligence. The share price rose steadily throughout the month, outpacing the S&P 500's 2% growth, but really jumped after the company reported strong third-quarter earnings on Oct. 30.

This continued an impressive winning streak for Masco, whose shares are up 58.4% so far this year.

Strong growth in Masco's paint business helped it outperform in Q3. Image source: Getty Images.

Source Fool.com

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