Vita Coco had its Relative Strength (RS) Rating upgraded from 90 to 93 Wednesday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 as they begin their biggest climbs.
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Vita Coco is working on a flat base with a 37.88 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
Earnings growth increased in the company's latest report from 3% to 23%, but revenue fell from 3% to -4%.
Vita Coco earns the No. 3 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands is the top-ranked stock within the group.
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