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GMCR Is Up

|Includes: Keurig Green Mountain Inc (GMCR)

Green Mountain Coffee Roasters, Inc. (GMCR - Analyst Report) is back to being the darling of Wall Street after the NASDAQ announced it would be joining the NASDAQ-100 on Aug 22. Shares of this Zacks Rank #1 (Strong Buy) hit new 52-week highs on the news. This comes on the heels of its fifth earnings beat in a row where the company also raised full year fiscal 2013 guidance.

Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in GMCR over the next 72 hours.