I'm starting to think something different is going on with this stk. I have no proof. My HF does not play it.. but I have that weird feeling this is one of those special stks the Hedgies keep to themselves... You run across these, POOL was one and CELH as Ted mentioned.. These stks the Hedgies buy in bulk and talk up.
There's something different about COCO.
Vita Coco Attracts Big Money Inflows
Want an edge in trading? Follow the Big Money.
What’s Big Money? Said simply, it’s when a stock rises due to institutional demand. Top stocks tend to attract savvy investors.
You see, fund managers are always looking to bet on the next outperforming stocks…the best in class. They spend countless hours sizing up companies, reading reports, speaking to analysts…you name it. When they find a company firing on all cylinders, they pounce in a big way.
The YTD action tells the story. Each green bar signals unusual buying volumes in COCO shares, pushing the stock higher:
Source: www.mapsignals.com
Few stocks have charts this strong. Recent green bars suggest healthy demand. But, what about the fundamental story?
Vita Coco Fundamental Analysis
Next, I want to make sure the fundamental story is healthy too. As you can see,COCOhas had positive sales and EPS growth in recent years:
The company is also expected to grow EPS 9.6% this year.
- 3-year sales growth rate (+14.8%)
- 3-year EPS growth rate (+48.6%)
Source: FactSet
Marrying great fundamentals with our proprietary Big Money software has found some big winning stocks over the long-term.
Source: www.mapsignals.com
Tracking unusual volumes >
THE TWO STOCKS I WANT THE HF TO BUY ME IN SIZE ARE COCO & ONON.
THEY BOTH ARE THE TYPE OF STK I LIKE.
A QUESTION OF TIMING?-- //
