Coffee Stocks Get A Jolt Following Green Mountain Upgrade (GMCR, SBUX, JVA, CBOU, PEET, FARM)

Tickerspy’s Coffee Index

COFFEE INVESTING IDEAS

• Popular long ideas: SBUX, GMCR, JVA
• Popular short ideas: GMCR, SBUX, CBOU
• Top dividend plays: DNKN, SBUX
• Pro favorites: SBUX, GMCR, DNKN

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COFFEE COVERAGE

These companies produce and sell beans and brew either as suppliers or as retailers

• Green Mountain Steady Ahead Of Earnings; Starbucks Faces Labor Woes (GMCR, SBUX, CBOU, PEET, FARM, JVA)
• Weekly Wrap: Social Networking Stocks Follow Twitter, Rare Earths Big Find (JVA, SVM, AG, RENN, MOBI, JASO, BRK.A, GIS, BRK.B)
• Coffee Stocks Drink Up Some Love From Cramer (SBUX, GMCR, CBOU, PEET, FARM, JVA)

COFFEE CHART

COFFEE METRICS

Avg. Market Cap:	$12.8B
Avg. P/E Ratio:	33.1
Avg. Div Yield:	0.4%

Shares of Green Mntn Coffee Roaster (GMCR), the largest player in the single-cup serving coffee market, are surging 2% after the company saw its price target raised to $97 from $65 by Canacord Genuity, implying significant upside from where the shares currently trade. Canacord pointed to Green Mountain’s impressive fiscal second-quarter margins and the 64% jump in brewer shipments posted by the company.

The research firm also noted Green Mountain’s management confirmed their expectation that the economics per cup for the Starbucks (SBUX) and Dunkin’ Donuts deals were approximately equal to Green Mountain’s existing K-cup economics and thus the profit per cup is indifferent as to which brand is sold. Those sentiments are helping the Coffee Stocks Index to a gain of 1.7%.

Despite a solid performance, Green Mountain is not the top gainer in the Index today. That honor goes to Coffee Holding Company (JVA), which is surging 5%. Caribou Coffee Company (CBOU) comes in next with a 3% gain. Peet’s Coffee & Tea (PEET) is fractionally higher while Starbucks is off 1%. Farmer Bros (FARM) is the worst performer in the Index with a 2% drop.

Investors can track the Coffee Stocks for performance trends and a suite of other metrics at tickerspy.com.

Tags: CBOU, FARM, GMCR, JVA, PEET, SBUX