The stock market chugged higher yesterday, continuing its winning streak, with many top stocks like
Green Mountain Coffee Roasters (GMCR) leading the way, according to
Investor’s Business Daily.
Green Mountain, the single-cup coffee brewer and K-cup packet provider, surged 3.68 to 97.61 in 44% faster trade. After Wednesday’s move, IBD reported that GMCR is now 10% its 88.75 buy point.
According to IBD, Green Mountain is one of several leading stocks that have been trading mainly sideways since their breakouts. GMCR’s move to new highs was an encouraging sign.
Cabot Market Letter currently has a nearly 100% profit in Green Mountain after getting subscribers into the stock last spring.