If you are worried about whether the coffee you drink is good for you, you can worry no longer. There have been many research studies showing the health benefits of coffee, but the latest news is that coffee may reduce the risk of melanoma. According to a recent article in JNCI: Journal of the National Cancer Institute, researchers discovered that those who drank four or more cups of coffee a day had a 20% lower risk of getting malignant melanoma skin cancer. The study was done on 447,000 subjects. Unfortunately, drinkers of decaf didn't get the same benefit.
If you want to invest in caffeine, there are about 20 companies in the coffee and tea business, according to the list of coffee stocks at WallStreetNewsNetwork.com. Several of them pay dividends.
Starbucks (SBUX) is the largest coffeehouse retailer in the world, with more than 18,000 shops worldwide. The stock trades at 28 times trailing earnings and 25 times forward earnings, and sports a yield of 1.4%. Both earnings spiked by an incredible 81.8% for the latest quarter, on a 13.3% boost in revenues.
Keurig Green Mountain (GMCR), based in Waterbury, Vermont, trades at 32 times trailing earnings and 25 times forward earnings. Earnings for the latest reported quarter dropped slightly by 2.6%. The stock pays a yield of 1.0%.
One of the largest wholesalers of coffee is Coffee Holding Co. (JVA), which also markets private label coffee and branded coffee in North America. The company has almost a hundred varieties of raw green coffee beans and marketed to large and small coffee vendors. The stock trades at 6.5 times earnings. Earnings were up substantially for the latest quarter on a 12.2% drop in revenues.
For a free list of coffee, tea and caffeine companies which you can download, sort, and update, go to WallStreetNewsNetwork.com. Hopefully, you can make money by sipping from one of these hot stocks.
Disclaimer: Author didn't own any of the above at the time the article was written.