Alico Inc NASDAQ:ALCO produces citrus fruit, while engaged in catle ranching and conservation. So is in the Agricultural Operations Industru Group and is Ranked #1 in Profit Margins. Although, for the six months ended 31 March 2022, Alico, Inc. revenues decreased 7%.
The thing is that the technicals are showing strength. With a IBD RS rating of 94, ths stock price is n a confirmed uptrend. Today's price range is inside the previous bar. A breakout above yesterday's range is a pretty good buy signal for me.
PS: IBD is signaling a confirmed uptrend in the CME_MINI:ESM2022.