AroniSmartInvest in Action™: Is It Time for Coffee Beans?
After a steady decline since the beginning of the year, the price of coffee stocks has been on the upward trend over the last three months or so. AronismartInvest in Action™ has flagged the trend based on the stock price movement for the companies heavily influenced by the coffee beans' performance. Among the stocks to watch are:
- Coffee Holding Co. Inc. (NASDAQ: JVA)
- Krispy Kreme Donuts (NYSE: KKD)
- Dunkin' Brands Group Inc. (NASDAQ: DNKN)
- Starbucks Corporation (NASDAQ: SBUX)
Many economic indicators appear to confirm the trend: