Ball Stock: 11 Straight Green Days, Up 13%
Ball stock is on an 11-day winning streak, up 13.3% since the run began. That added about $2.0 billion to the company’s market value, which now stands at about $17.0 billion. The stock closed at $63.84 on Monday, October 19, 4.9% below its 52-week high of $67.10 and 39.5% above its low of $45.77.
How The Streak Stacks Up Against The S&P 500
Returns for BALL and the S&P 500 over the streak and the periods around it, all ending Monday, October 19 and including dividends:
| Return Period | BALL | S&P 500 |
|---|---|---|
| 1 Day | 1.0% | 0.4% |
| 11 Days (Current Streak) | 13.3% | -0.4% |
| 1 Month (21 Trading Days) | 6.1% | 0.6% |
| 3 Months (63 Trading Days) | 2.4% | 2.7% |
| Year To Date | 21.7% | 13.4% |
| 1 Year (252 Trading Days) | 34.7% | 17.4% |
Is This Move About Ball Or The Market?
Over the same 11 trading days, the S&P 500 returned -0.4% including dividends, so the run is mostly Ball’s own story rather than the market’s. No other S&P 500 stock is currently on a winning streak of 11 days or longer. Over the past three months the stock is up 2.4%, a window that includes the streak; over the other 52 sessions of that window it was down 9.6%.
What The Numbers Say About The Rally
On the fundamentals, revenue grew 15.6% over the last twelve months, against a median of 7.0% for S&P 500 Materials stocks; its operating margin is 10.0%, versus a median of 13.2%; and the stock trades at 17.9 times trailing earnings against a median of 22.0. The read is mixed: revenue growth above the median and a multiple below the median on one side, margins below the median on the other.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
For anyone who would rather back the theme than one company, a materials ETF like XLB holds the whole group, not just this stock. It is still a concentrated bet on one theme, which is the gap the portfolio below is built to close.
Momentum Is A Tailwind, Not A Plan
Riding a stock that rises every day feels effortless, and that is precisely the danger: the same momentum that built this run can reverse without notice, and one name’s reversal should never be able to reset your whole year.
That is what the Trefis High Quality (HQ) Portfolio is for: about 30 quality businesses screened for the fundamentals that survive momentum’s mood swings, held with rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Watch the runs; own the resilience.