On Monday, Fomento Econ Mex ADR earned an upgrade to its Relative Strength (RS) Rating, from 70 to 74.
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This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or better RS Rating in the early stages of their moves. See if Fomento Econ Mex ADR can continue to show renewed price strength and hit that benchmark.
While Fomento Econ Mex ADR is not near an ideal entry right now, see if it goes on to form and break out of a proper chart pattern.
Earnings growth increased last quarter from -55% to 4%. But sales fell from -8% to -10%.
The company earns the No. 12 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands, Vita Coco and Embotell Andina B 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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