Investors often opt for the stock-picking approach that involves stocks with a low price-to-earnings (P/E) ratio. This strategy is based on the notion that the lower the P/E ratio is, the higher the stock value. The reasoning behind this is simple — when a stock's current market price does not adequately reflect its higher earnings, it suggests potential for growth.
The non-alcoholic beverage stock space hasn’t looked this enticing through the eyes of high-growth investors for quite some time. As new brands and tastes threaten the seemingly wide moats of large beverage companies, it’s no mystery as to why the analyst community views the following trio of beverage innovators as worth drinking up for investors seeking to caffeinate their portfolios with some growth. Therefore, let’s check in with TipRanks’ Comparison Tool to investigate three growth-focused b
Third Quarter Net Sales Increased 11% to $138MM; Year-To-Date Net Sales Grew 15% Third Quarter Gross Margin of 41%, an Improvement of Over 1,400 Basis Points Over 2022 Company Raises Full Year Net.