If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines.
1. Scaling a mountain of green
Shares of Green Mountain Coffee Roasters
It wasn't a perfect report. Despite blasting through Wall Street's targets, Green Mountain simply reaffirmed its guidance for the entire fiscal year ending in September. Its guidance for the current quarter fell short of what the pros are forecasting. Inventory levels are outpacing even the torrid top-line surge.
However, this should be a cautionary tale for traders betting against heavily shorted companies. There were 26.5 million shares sold short as of mid-January, and a major component of the naysayer argument was that Keurig's popularity was waning during the holidays.
Guess what? It obviously wasn't.
2. IMAX charms India
The provider of supersized cinematic experiences announced a deal to install four screens in India. The deal with SPI for four digital theater systems will result in a total of 13 screens in the world's second most populous country. It's a tiny presence relative to IMAX's 583 global installations that happen to be in China and Russia.
India's economy is still emerging, but it's a country that loves its movies. Welcome to Bollywood! However, the real challenge for IMAX and SPI is to get thrifty moviegoers to pay a premium for sense-awakening screenings. Either way, IMAX growing its global reach is a very good thing.
3. Satellite radio's born to run
Sirius XM Radio
Only subscribers to the premium radio service will be eligible to win tickets to the performance, which will naturally be broadcast live on Sirius XM to the vast majority of its 21.9 million accounts that don't win the coveted admissions.
It only helps that Sirius XM already has a commercial-free music channel devoted to Springsteen, so the event itself will be both promotional for the platform's milestone and the service itself.
4. Bang a gong, Qualcomm
It's good to be in the smartphone business these days.
Wireless chip specialist Qualcomm
Revenue of $4.7 billion and earnings of $0.97 a share weighed in well ahead of the $0.90 a share profit on $4.6 billion in revenue that analysts were expecting.
Instead of betting on one handset manufacturer, Qualcomm's a thinking investor's wager on the entire industry. Qualcomm expects to sell between 146 million and 154 million MSM chipsets in the current quarter alone.
5. Climbing the family tree
Martin Sheen will explore both his Irish and Spanish lineage in the new season's first show.
Marisa Tomei, Blair Underwood, Reba McEntire, Rob Lowe, Helen Hunt, Rita Wilson, Edie Falco, Rashida Jones, Jerome Bettis, Jason Sudeikis, and Paula Deen will follow.
The leading genealogy website's association with the show is hammered home in every installment, and it's the perfect marketing tool for the premium research service. Folks tuning in as the show unearths colorful relatives and surprising lineages begin to get curious about tracing back their own roots -- and that's where Ancestry.com is there with open arms and family tree branches.
The Motley Fool owns shares of Qualcomm. Motley Fool newsletter services have recommended buying shares of Ancestry.com, IMAX, and Green Mountain Coffee Roasters. Motley Fool newsletter services have recommended creating a lurking gator position in Green Mountain Coffee Roasters. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story, except for Green Mountain. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.