On Thursday, Vita Coco got an upgrade for its IBD SmartSelect Composite Rating from 94 to 98.
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The new score means the company is now outperforming 98% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Vita Coco is not currently near a proper entry. Look for the stock to form and break out of a new base.
The stock has an 81 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 81% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 29% earnings-per-share gain for Q1. Sales growth fell to 17%, down from 20% in the prior quarter.
Vita Coco holds the No. 2 rank among its peers in the Beverages-Non-Alcoholic industry group. Primo Brands is the top-ranked stock within the group.
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