Vita Coco, a NASDAQ-listed coconut product company, outperforms Good Hemp in the consumer defensive sector.

Vita Coco, a NASDAQ-listed coconut product company with higher revenues and earnings, outperforms Good Hemp (OTCMKTS: GHMP) on all eight factors examined. With 88.5% of shares owned by institutional investors, Vita Coco has a consensus target price of $30.00, indicating a potential upside of 17.92%. While Good Hemp focuses on hemp-derived beverages and wellness products, Vita Coco's stronger financial performance and institutional backing make it the better investment option in the consumer defensive sector.

August 19, 2024
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