Fomento Econ Mex ADR had its Relative Strength (RS) Rating upgraded from 69 to 74 Monday — a welcome improvement, but still short of the 80 or better score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
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 performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or higher 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.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to offer and clear an appropriate buy point.
Earnings growth increased last quarter from -55% to 4%. But revenue gains fell from -8% to -10%.
The company holds the No. 11 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands, Embotell Andina A ADR and Vita Coco 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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