Reason to Buy:
Great company accompanied by over a 10% drop in share price today. The share price dropped because of missed earnings expectations. Because I am a long term investor, I am not concerned with a one quarter mess-up. For more on the price drop click here.
Business:
Green Mountain Coffee Roasters is a company that thrives off of its patents. The major patents include the popular Keurig single cup coffee machine, and the K-Cups that are needed for the machine.
Growing and Profitable:
The revenue growth from this time last year is over 63% and the earnings growth from this time last year is over 31%. Growth rates of over 15% are usually considered significant.
Profitability is another one of GMCR's strong points. Return on equity and return on assets are over 16% and 10%, respectively.
Video:
If you are unfamiliar with the Keurig coffee machine just click on this link!
Michael R Caligiuri owns shares of Green Mountain Coffee Roasters (GMCR)
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