Peet's Coffee & Tea ( PEET) is a specialty coffee roaster and marketer of fresh roasted whole bean coffee and tea. This stock is trading up 1.45% at $73.29 in recent trading. Today's Volume: 178,000 Average Volume: 115,475 Volume % Change: 106% Shares of PEET are moving slightly higher today after Jefferies analyst Andy Barish said he sees further upside in the stock and reiterated his buy rating and price target of $88. From a technical perspective, PEET has printing a new 52-week and all-time high today at $74.08 with above-average volume. This is an extremely bullish move for PEET since it means that just about everyone who has ever bought the stock is making money. This move is also a follow through for PEET since the stock recently broke out above some past overhead resistance at $69.97 with decent volume. Traders should continue to look for long biased trades in PEET as long as the stock is trending above today's low of $71.94 with strong upside volume flows.
Cost Plus (Nasdaq:CPWM) hit a new 52-week high Friday as it is currently trading at $21.99, above its previous 52-week high of $21.97 with 584,014 shares traded as of 3:19 p.m. ET. Average volume has been 696,600 shares over the past 30 days.