Coffee prices have gone up 410% since early 2002, hitting all-time highs this May. That increase should come as no surprise to the large number of coffee drinkers who feel the need for at least one cup to get through the day.
CNBC reports the $30-billion industry serves over 400 million cups of caffeinated goodness every day in the United States alone.
A report from Dunkin' Donuts in partnership with Career Builder concluded that among 2,741 professionals, 24 percent drink at least one cup per day, 61 percent of whom drank two or more per day. The drink is also among the most actively traded commodities in the world.
"The survey also reveals that those who need coffee the most are scientists/lab technicians, marketing/public relations professionals and education administrators (financial professionals rank tenth on the list)."
Coffee stocks have also shown impressive growth in recent years despite the economic slowdown and market volatility.
In light of that, we list below five major coffee stocks that have seen very significant levels of growth in the last year.
Do you think these stocks have more growth to cash in on? (Click here to access free, interactive tools to analyze these ideas.)
1. Green Mountain Coffee Roasters
2. Coffee Holding Co.
3. Peet's Coffee & Tea
5. Caribou Coffee
Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the stocks mentioned above. Analyst ratings sourced from Zacks Investment Research.
Kapitall's Rebecca Lipman does not own any of the shares mentioned above. Data sourced from Finviz.