That was quick. After dipping in the immediate wake of an earnings announcement last week, shares of Green Mountain Coffee Roasters (GMCR.DL) are back near their highs for the year.

But there could be room for the stock to continue climbing. In the video below, Fool contributor Demitrios Kalogeropoulos outlines a few reasons for investors to be bullish on the company, despite its premium valuation right now. Strong sales growth in the U.S., a rising installed base of coffee brewers, and spiking profitability all point to the potential for further gains down the road, he says.