Molson Coors B saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 69 to 77.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique RS Rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an 80 or better RS Rating as they launch their largest price moves. See if Molson Coors B can continue to rebound and clear that threshold.
Molson Coors B is building a flat base with a 64.66 buy point. See if it can clear the breakout price in heavy trading.
Earnings grew 9% last quarter, up from -6% in the prior report. Revenue also increased, from -8% to -2%. The company is expected to report its latest performance numbers on or around May 8.
The company holds the No. 7 rank among its peers in the Beverages-Alcoholic industry group. Cervecerias Unidas ADR, Molson Coors A and Anheuser-Busch InBev 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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