The Relative Strength (RS) Rating for Monster Beverage moved into a new percentile Tuesday, as it got a lift from 63 to 73.
IBD's proprietary rating measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the best stocks tend to have an 80 or higher RS Rating in the early stages of their moves. See if Monster Beverage can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Monster Beverage is trying to complete a cup without handle with a 56.70 buy point. See if the stock can clear the breakout price in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 0%, compared to -2% in the prior report. Revenue increased from 1% to 5%.
Monster Beverage holds the No. 9 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.
RELATED:
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
