Vita Coco Company: Valuation Has Turned Cheap, While Growth Outlook Is Positive (Rating Upgrade)

Group 1 - The analyst recommended a hold rating for Vita Coco Co. (NASDAQ: COCO) in December due to high valuation making the stock less attractive considering its normalized growth profile [1] - An ideal investment is characterized by core business performance in a sector expected to experience structural growth exceeding GDP growth over the next 5-10 years, sustainable competitive advantages, competent management, and fair valuation [1]