SodaStream rises after William Blair discusses catalysts

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SODA61.920.12

SodaStream (SODA) is climbing after research firm William Blair identified several positive catalysts for the stock in note to investors today. The firm believes that the home beverage carbonation market is poised for a long period of growth, while SodaStream has managed to become the leader in this market. Moreover, increased penetration in the U.S. could enable SodaStream's EPS to reach $5.00 over the next several years, said William Blair, which predicts that Wal-Mart (WMT) should begin selling SodaStream's products in the near to medium term. Grocery stores and drugstores should follow suit next year, adds the firm, which also predicts that the company could benefit from increased sales in markets outside the U.S. In early trading, SodaStream gained 91c, or 2.63%, to $35.50.

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