The Chart of the Day belongs to Keurig Green Mountain (GMCR). I found the stock by sorting the All Time High List for the best technical buy signals then used the Flipchart feature to find a chart I liked. Since the Trend Spotter signaled another buy on 10/7 the stock gained 2.45%.
GMCR engages in the beverage business. It sells high-quality premium coffee and innovative coffee brewing systems. The Company provides Keurig single-cup brewing systems which includes Keurig single-cup brewer, K-Cup portion packs used by the system, as well as related accessories. Keurig also offers traditional whole bean and ground coffee in other package types including bags, fractional packages and cans. The Company also produces and sells other specialty beverages in portion packs including hot apple cider, hot and iced teas, iced coffees, iced fruit brews, hot cocoa and other dairy-based beverages.
Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
- 100% Barchart technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 10 new highs and up 12.49% in the last month
- Relative Strength Index 70.72%
- Barchart computes a technical support level at 141.57%
- Recently traded at 143.17 with a 50 day moving average of 127.85
Fundamental factors:
- Market Cap $23.30 billion
- P/E 35.65
- Dividend yield .72%
- Revenue expected to grow 7.20% this year and another 15.10% next year
- Earnings estimated to increase 12.10% this year, 8.20% next year and continue to increase at an annual rate of 16.25% for the next 5 years
- Wall Street analysts issued 4 strong buy, 2 buy, 8 hold and a sell recommendation on the stock
II don't know how but this stock keep climbing. Watch you 50 and 100 day moving averages and be disciplined in your exit.
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