Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Don't look now but shares of Green Mountain Coffee Roasters (GMCR +2.6%) have shot right past...

  • Friday, March 8, 3:46 PM ET
    Don't look now but shares of Green Mountain Coffee Roasters (GMCR +2.6%) have shot right past $50 and continue to trek higher as many of the dire predictions from the bear camp seem to be falling away - in particular the death-by-Verismo argument. (Google Trends: Keurig/Vue vs. Verismo). Next phase: With Starbucks (SBUX +1.2%) not doing so bad itself, does this mean the market is plenty big enough for both companies to prosper in the coffee machine/consumables space?
Track new comments on this story

This news story has 5 comments:

  • The market is big enough for both companies to prosper in coffee machine/consumables, plus there is a short squeeze going on with GMCR. The Verismo machine was not a new concept or game changing device, and the market initially overreacted to the competitive threat that it posed to GMCR.
    8 Mar, 04:08 PM Reply Like
  • While I love to see the pundits get crushed who say that GMCR is going to get crushed by Starbucks, generic K-cups, other devices, etc. what I really want to see are GMCR's international plans - still seems completely untapped and ripe for expansion.
    8 Mar, 04:29 PM Reply Like
  • Starbucks is out and running with GMCR following in their hip pocket, international. In my crystal ball, both companies are fighting some of the same problems the auto industry is mystified by. Please focus on our country and let the other countries figure it out for their selves. The coffee, auto, as well as other industries will profit only to the extent their leader/government allow. jpmj4847
    9 Mar, 01:00 AM Reply Like
  • Just wait!
    11 Mar, 06:59 AM Reply Like
  • Good point. For whatever reason, international sales were not even mentioned at the annual meeting yesterday.
    11 Mar, 07:12 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)