Sales were up 10.7% in the 4th quarter over the 3rd quarter. Profits were double. Maybe another rise in topline revenues quarter over quarter will get the stock going. With the falling sales and profits from a couple of years ago, it took away investors confidence. Even though they seem to have better margins on thier current sales mix, and the largest profits since going public. Good luck to all the longs. Seems most of the shorts have covered anyway, so they made their profit. Looking forward to the 1st. quarter release in March.
As you've requested, the Weiss Watchdog is monitoring the rating of a company for you, and we're writing to let you know that the rating of that company has just changed. Here it is...
Coffee Holding Company, Inc. (JVA)
Was Upgraded to B- from C
This is the INVESTMENT rating, designed to measure the risk and reward of owning the investment itself. So please do not confuse it with our FINANCIAL STRENGTH Rating which would evaluate the financial safety of the company overall.
The new rating is B-. This means that the stock has a good track record for balancing performance with risk. Compared to other stocks, it has achieved above-average returns given the level of risk in its underlying investments. While the risk-adjusted performance of any stock is subject to change, we believe that this stock has proven to be a good investment in the recent past.
- (Minus Sign) - An indication that the stock is in the bottom third of its letter grade.
This upgrade is, effectively, a new "buy" signal. Of course, in an overall bear market, even the best investments can decline in value. But based strictly on the relative merits of this particular investment, the upgrade indicates that if you're investing now, this is a good choice to consider.
That's it for now. We'll be in touch again as soon as there's a rating change in any of the companies you've placed on your Watchlist.