Is Cooper Companies (COO) Ready to Breakout? – Tale of the Tape

Zacks

Are you a technical investor? If so, it may be time to consider The Cooper Companies, Inc. (COO) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for COO.

This trend may have already begun, as shares of COO have moved by higher by 7.2% in just the past month. Plus, COO has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Cooper Companies has plenty of life left.

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