On Tuesday, Vita Coco got a positive adjustment to its Relative Strength (RS) Rating, from 88 to 91.
IBD's unique rating identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains tend to have an RS Rating of over 80 in the early stages of their moves.
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Vita Coco is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could spark a new run.
Earnings growth fell in the most recent quarter from 23% to -45%. But revenue gains moved higher, from -4% to 20%.
The company earns the No. 2 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands 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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