If Coke isn't a buyer, it's not clear that the stock is worth its near-30 times price-to-2015-earnings ratio. The company missed analyst estimates on revenue last quarter, though it beat on earnings. The consensus price target on the stock is $103.09, according to the Analyst Ratings Network. It trades well above that at $123.
But investors on StockTwits see more reasons to bet on Green Mountain than not. Sentiment on the company is 70% bullish, according to StockTwits analytics.
$GMCR 124.42 now seems just around the corner? InvestingJungle (@InvestingJungle) May. 13 at 10:06 AM
At the time of publication the author held no positions in any of the stocks mentioned.
This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.