The Relative Strength (RS) Rating for Monster Beverage jumped into a new percentile Monday, as it got a lift from 69 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating in the early stages of their moves. See if Monster Beverage can continue to rebound and clear that threshold.
Monster Beverage is trying to complete a flat base with a 66.75 entry. See if it can break out in heavy volume.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 7% to 24%. Revenue rose from -2% to 11%.
The company holds the No. 3 rank among its peers in the Beverages-Non-Alcoholic industry group. Vita Coco is the top-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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