Vita Coco: Strong Margin Expansion, And I Expect It To Continue Ahead

MelanieMaya/iStock via Getty Images Investment action I recommended a buy rating for Vita Coco Company (NASDAQ:COCO) when I wrote about it the last time, as I expected management to continue executing strongly and meeting growth targets. As it achieves them, the margin should expand accordingly. Based on my current outlook and analysis, I recommend a buy rating. The main concern regarding the stock was gross margin pressure from logistic costs, and COCO showed that it can manage it and has done an impre ...