Green Mountain Coffee Roasters, Inc. (GMCR) was a big mover last session, as the company saw its shares rise by over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company as the stock is now up over 21% since Nov 7.
This specialty coffeemaker has seen one negative revision in the past two months and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Green Mountain currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the food industry may, however, consider stocks such as Omega Protein Corporation (OME), Synutra International Inc. (SYUT) and The Hain Celestial Group, Inc. (HAIN). While Omega Protein Synutra and carry a Zacks Rank #1 (Strong Buy), Hain Celestial holds a Zacks Rank #2 (Buy).
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