When building your watch list, focus on stocks with an 80 or higher RS Rating. Celsius Holdings just met that criteria with a new score of 86.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 in the early stages of their moves.
While the stock is not near an ideal buy point right now, see if it goes on to form and break out of a proper chart pattern.
The company reported negative growth for both the top and bottom lines last quarter.
The company holds the No. 14 rank among its peers in the Beverages-Non-Alcoholic industry group. Vita Coco, Primo Brands and Embotell Andina A ADR 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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