On Friday, Keurig Dr Pepper earned an upgrade to its Relative Strength (RS) Rating, from 67 to 72.
IBD's proprietary RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the last 52 weeks matched up against all other stocks.
History reveals that the best stocks typically have an RS Rating of at least 80 in the early stages of their moves. See if Keurig Dr Pepper can continue to rebound and clear that threshold.
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Keurig Dr Pepper is trying to complete a consolidation with a 38.28 entry. See if the stock can clear the breakout price in heavy trading.
Earnings growth declined in the most recent report from 6% to 5%. But revenue gains moved higher, from 2% to 5%. The next quarterly results are expected on or around Apr. 24.
Keurig Dr Pepper earns the No. 9 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands, Coca-Cola Consolidated and Coca-Cola are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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