Have you ever had a cup of Kopi Luwak coffee? You would probably remember if you did, as it would have cost you as much as $80 for a cup. If you have never heard of Kopi Luwak, let me enlighten you. It is coffee that is made with part-digested coffee cherries which have been eaten and defecated by the Asian palm civet. A civet is an animal that is also called toddy cat. Supposedly, the digestion makes the coffee taste better.
I'm not sure if any of the major coffee chains sell Kopi Luwak, but you can buy a box of 48 ten gram sachets of Kopi Luwak Specialty Arabica House Blend Ground Gourmet Coffee for only $1,090.
There are seventeen stocks in the caffeine industry, according to the free list of coffee stocks at WallStreetNewsNetwork.com. Five of them pay dividends.
Starbucks (SBUX) is the largest coffee retailer in the world, which has in excess of 21,000 shops worldwide in 65 countries. The stock trades at 35 times trailing earnings and 26 times forward earnings. Earnings dropped by 30% for the latest quarter on a revenue increase of 12% year-over-year. The stock pays a yield of 1.4%.
Coffee Holding Co. (JVA) is one of the largest wholesalers of coffee. It has almost 100 varieties of raw green coffee beans which it purchases worldwide. It resells to both small and large coffee roasters. Apparently, the huge drop in the price of coffee beans has affected this company as earnings tanked 73% on a revenue drop of 24%.
Keurig Green Mountain (GMCR), which is based in Waterbury, Vermont, trades at 30 times trailing earnings and 25 times forward earnings. Earnings for the latest reported quarter dropped 22.4% on a 9% reduction in revenues. The stock sports a yield of 1.4%.
For a free list of coffee, tea and caffeine companies which you can download, sort, and update, go to WallStreetNewsNetwork.com.
Disclaimer: Author didn't own any of the above at the time the article was written.
By Stockerblog.com
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