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Coffee stocks are rising in 2012 due to the huge plunge in coffee prices which will eventually help margins. The huge drop in coffee prices has a big part to do with the Brazil crop in 2012. Brazil has seen a record crop this year which is bringing a large supply onto the market.
Latest coffee price - $1.77 per pound, down from $2.38 two months ago.
Which coffee stocks stand to benefit in 2012?
Starbucks (SBUX)
Green Mountain Coffee (GMCR)
Peet's Coffee (PEET)
Caribou Coffee (CBOU)
Coffee Holdings Co. (JVA)
Dunkin' Brands Group (DNKN)
Coffee Price Chart - 2012 ( last two years )
Tags: 2012, best, coffee, forum, price, prices, rise, stocks, top
Permalink Reply by Danny on March 23, 2012 at 8:23am
Permalink Reply by Stocks To Buy on March 23, 2012 at 8:35am SBUX is hitting on all cylinders. AAPL, SBUX, KOG are my three strong buy stocks if we get a major pullback in 2012
Permalink Reply by jiafeng zhang on March 23, 2012 at 8:50am
Permalink Reply by Jacob Heuvleman on April 25, 2012 at 6:16pm what prices are a "major pullback" for each of these? all three have broke through your 2012 price target and im looking to get into each on your recommendation-
Permalink Reply by Stocks To Buy on March 24, 2012 at 6:34am Most of these coffee companies are hedged I would imagine. They might not see a benefit to margins until next year and the years to come.
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