In a welcome move, Keurig Dr Pepper saw its Relative Strength Rating improve from 63 to 73 on Tuesday.
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating north of 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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While the company's bottom line growth decreased last quarter from 6% to 5%, revenue grew 5%, up from 2% in the previous report.
The company holds the No. 10 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands, Coca-Cola Consolidated and Coca-Cola Europacific 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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