Wednesday, February 17, 2016
Would You Pay $80 for a Cup of Coffee Made with Cat Poop?
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%.
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.