Thursday, April 30, 2009

Percolating stocks

Not hard to notice all the coffee stocks advancing nicely. Today’s movers include Green Mountain Coffee Roasters (NASDAQ:GMCR), up 39%, and Diedrich Coffee (NASDAQ:DDRX), up 28%. That’s hot coffee! DDRX was a Stock Trends breakout stock, recording a Bullish Crossover last week. It’s aggressive surge was in keeping with some other coffee stocks. Caribou Coffee Co. (NASDAQ:CBOU) is another that made the Stock Trends Picks of the Week report recently. Include in that group of java movers icon Starbucks (NASDAQ:SBUX), joining DDRX and CBOU as selections. GMCR was an earlier Stock Trends Pick of the Week selection at $41.50 in the early days of February. It’s trading at $73 today. That’s a real buzz!

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