Green Mountain Coffee Roasters
Nearest Support: $60
Catalyst: Earnings Beat Last, but far from least, is Green Mountain Coffee Roasters ( GMCR), a stock that's no stranger to being one of the most active names on the Nasdaq -- or one of the most controversial. GMCR posted its second-quarter earnings numbers yesterday, earning 93 cents per share, while the consensus estimate was down at 72 cents. That earnings beat proved impressive enough to gap shares up almost $25% to a new 52-week high this morning. Today also brought an announcement that Starbucks (SBUX) was expanding its deal with GMCR and extending the deal by five years. With encroachment from SBUX's own competing Verismo brewer seen by Green Mountain bears as a big catalyst for downside, the announcement is an important coup for the firm's shareholders. It confirms the status of Green Mountain's Keurig as the league leader in 2013. To see these stocks in action, check out the at Most-Active Stocks portfolio on Stockpickr. -- Written by Jonas Elmerraji in Baltimore.
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