Chagee Holdings ADR saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 84 to 92.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an 80 or higher RS Rating at the beginning of a new run.
Chagee Holdings ADR is building an ipo base with a 39.47 entry. See if it can clear the breakout price in heavy trade.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 9%, compared to -70% in the prior report. Revenue increased from -78% to 35%.
Chagee Holdings ADR holds the No. 12 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands, Vita Coco 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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