Came out after market close...full article on investors business daily and other sites.
Obviously Roth must have either caught wind of this or thought something similar with their well timed upgrade.
Once the analysts digest this and really understand the channels this opens up and the volume and residual sales and margin, upgrades should follow in a few weeks. The convenience and easy of use of this unit and the certification corporations will feel more comfortable with average joe using in breakroom or in food establishment means Green Mountain wil be branding everywhere which will also drive more home unit sales. Synergy my friends, synergy. Once the market digests what this will do for the next 6 to 12 months growth, there will be a lot of short covering.
Now we have an expanded revenue opportunity which should raise guidance along with great earnings expected and economy improving and large short interest to cover soon on margin calls.
Patience has been rewarded. Gentlemen, start your engines...prepare for launch!
Enjoy the ride up!
Sentiment: Strong Buy
google search news "roth capital" gmcr
Here is the exact quote and time (EST)
"09:31 EDT GMCR Bear case on Green Mountain largely disproven, says Roth Capital
Roth Capital believes that Green Mountain's market share in single cup remains dominant, while the company has several major growth opportunities. The firm increased its target on the shares to $67 from $55 and maintains a Buy rating."
I like that website for a lot of info, but even without this, we are obviously going up since all the world governments are drinking the same Kool-aid. Luxury end of Coffee is easy play on economic recovery. Volume should increase.
Buy in May..Make some Hay
Jobless claims at 5 year low
Trade Deficit Narrowed
GM outperformed ford
ECB cut interest rates
Trade Deficit Falls
Solid!
Sentiment: Strong Buy
I told you so!
Sentiment: Hold
21% increase on Buy rating of GMCR at Roth Capital! How will this effect SBUX? Looks like this coffee sector could end HOT this week! ;)
Bear case on Green Mountain largely disproven, says Roth Capital.
Roth Capital believes that Green Mountain's market share in single cup remains dominant, while the company has several major growth opportunities.
The firm increased its target on the shares to $67 from $55 and maintains a Buy rating.
Sentiment: Strong Buy
Bear case on Green Mountain largely disproven, says Roth Capital.
Roth Capital believes that Green Mountain's market share in single cup remains dominant, while the company has several major growth opportunities.
The firm increased its target on the shares to $67 from $55 and maintains a Buy rating.
Sentiment: Strong Buy
Jobless claims at 5 year low
Trade Deficit Narrowed
GM outperformed ford
ECB cut interest rates
Trade Deficit Falls
Sentiment: Strong Buy
Fed to Continue Stimulus Efforts, Citing Improving Economy
By BINYAMIN APPELBAUM
WASHINGTON – The Federal Reserve said Wednesday that it will continue its stimulus campaign at the same pace it has maintained since December, neither increasing nor slackening its efforts, just as investors had expected.
The Fed said the economy was expanding at a “moderate pace” and that the labor market had shown “some improvement” in a statement released at the conclusion of a two-day meeting of its policy-making committee. The statement cited consumer spending and the rebounding housing market as points of strength, while noting that government spending cuts are “restraining economic growth.”
Sentiment: Strong Buy
AMGN is a biotechnology medicines company that engages in the discovery, development, manufacture, and marketing of human therapeutic products in the areas of supportive cancer care, inflammation, nephrology, and bone diseases primarily in the United States, Europe, and Canada
Recently, Amgen (AMGN) reported very interesting topline results from a melanoma drug, which is also very exciting. We don't know the details, but at least the top line sounds encouraging
Sentiment: Strong Buy
NEW AMGN TARGET raised 30% to $130!!!! At GOLDMAN!!!! CONVICTION BUY!!!
Amgen upgraded to Conviction Buy from Neutral
Goldman Sachs has upgraded the company to its Conviction Buy list, with a price target of $130 up from $100, citing a “more favorable combination of catalysts and upside potential.” ”We project that AMGN’s pipeline (key readouts in 1Q14-2015) and own biosimilars (first launch in 2017) will allow it to replace the potential revenue that could be lost to competition and grow its base,” Goldman analyst Terence Flynn said.
Goldman upgraded Amgen (AMGN) based on valuation and its late-stage pipeline which is highly innovative and has the potential to replace key biologic franchises that are coming off patent.
Could easily be 107 or better this week
RESEARCH…..then
BUY BUY BUY
Sentiment: Strong Buy
H&R Block Inc.’s (HRB) third quarter 2013, ended Jan 1, adjusted loss from continuing operations came in at 22 cents per share, much wider than the Zacks Consensus Estimate of a loss of 3 cents. H&R Block broke even in the year-ago period.
Financials
It has been a rough few years for H&R Block (HRB) and the rest of the tax preparers, with some names even having to file for bankruptcy protection recently. After this large run-up, we are of the opinion that this is most certainly a position one wants to 'sell in May and go away' due to the recent history in regards to the shares' performance around the end of tax season. We have had discussions with owners of these tax services and they make their money from January through April and are cash flow positive for only 4 or 5 months out of the year. Even more amazing is the fact that we have heard that some franchisees have over three months out of the year when they have literally no revenue at their store locations. This is all well known to Wall Street, but just the same we would take profits on this large move higher and enjoy the profits now, before they have the opportunity to dissipate. With shares having closed at $28.66/share on Friday, Monday morning seems as good a time as any to hit the sell button.
Sentiment: Strong Sell
I think it is a false support from INTU dead cat bounce today.
It will probably hang out around 27.80-28.20 most of the day then retest 27 tomorrow.
Surprised me a little, but you are right...this is a long term short for the next few weeks or next few months
If you go back and look at the 1 year chart, saying we would be at 24-25 in the next 30 days is not unreasonable
Sentiment: Strong Sell
it will fall
Sentiment: Strong Sell
The cycle will take this down.
INTU already showed us that HRB will most likely loose between now and June...
The only question is how much
A lot better places to put your money out there on the long side
This looks like a decent long term short from this level
Sentiment: Strong Sell
26.95 Open...will probably fall below that today
Sentiment: Sell
INTU took a nice dip yesterday.
HRB turn?
Read the after hours numbers that came out.
They will fall from open
Sentiment: Strong Sell
This stock will get similar atomic wedgie we saw INTU get on 4-25
How far down is anyone's guess, but the numbers are horrible and getting worse.
Who wants this in the long run really.
Much better places to go long. Perhaps you can buy puts at the open and make up your losses the other way?
HEHEHEHE
Sentiment: Strong Sell
Time to take some profit, buy some married puts or write covered calls to lock in some profit.
Thanks everyone.
Sentiment: Hold
Hope you made some easy money!
Sentiment: Hold
theflyonthewall
Johnson Controls upgraded to Outperform from Neutral at RW Baird. Baird upgraded Johnson Controls based on expectations for improving margins and efficiencies, growing automotive end markets, advanced batteries, and low expectations. Price target raised to $44 from $36.
That is a 22% upgrade from previous target and 34% upgrade from yesterday's close.
Should be over $33 again VERY soon!
Grab some popcorn and enjoy te show!
Sentiment: Strong Buy