The relaxation of food tariffs benefits Vita Coco — stock breaks out to a new all-time high!

I recently drew attention to Vita Coco following their strong quarterly results at the end of October. The company produces coconut-based refreshments and has several growth drivers, including the introduction of new product innovations. According to management, coconut water is "one of the fastest-growing categories in the beverage sector" and has grown by 22% in the U.S. and over 100% in Germany since the beginning of the year. On November 17, the U.S. government announced a relaxation of tariffs on certain food products. This also applies to...