The Relative Strength (RS) Rating for Molson Coors B climbed into a new percentile Tuesday, with a rise from 78 to 84.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves.
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Molson Coors B is within a buy range after moving past a 60.92 entry in a cup with handle. Once a stock moves 5% or higher beyond the original entry, it's considered extended and out of buy range.
Top and bottom line growth moved higher last quarter. Earnings were up 9%, compared to -6% in the prior report. Revenue increased from -8% to -2%.
The company holds the No. 3 rank among its peers in the Beverages-Alcoholic industry group. Cervecerias Unidas ADR is the No. 1-ranked stock 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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