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:  

Many economic indicators  appear to confirm the trend:

Coffee Holding Co. Inc.

Coffee Holding Co. Inc. (NASDAQ: JVA), the  U.S. leading wholesale coffee roaster and dealer, has jumped significantly, already up by  64% in  2016,   mostly during the last  3 months alone. Its momentum may be attributed to the  Café Caribe  brand, which has gained new markets, including  big-box discount stores and a large regional supermarket chain.

Starbucks Corporation

Starbucks Corporation (NASDAQ: SBUX) is the largest  coffeehouse chain worldwide,  with over 24,000 locations in 70 countries, dominating the market with  coffee beans, brewed coffee, and coffee-related drinks.  Starbucks has managed to stop the erosion observed at the beginning of the year and appears to have started to reverse the trend. 

Dunkin' Brands Group Inc.

Dunkin' Brands Group Inc. (NASDAQ: DNKN), with with its 8,000 Dunkin' Donuts locations in the United States and 3,000  in 36 countries around the World is also another coffee giant. After a decline in 2015, its stock has increased by more than 25% since the beginning of the year. 

Krispy Kreme Donuts

Krispy Kreme Donuts (NYSE: KKD) prides itself as  a retailer and wholesaler of quality sweet treats and coffee and is present in more than 25 countries around the World, with  over 1,000 locations.  Its stock price  has increased by 40% YTD.

 

Disclaimer: AroniSoft, LLC directly or indirectly owns Coffee Holding Co. Inc.

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