Keurig Green Mountain Inc. (GMCR) Meets Our $130.00 Upside Target
John Kosar appeared on Yahoo! Finance / CNBC’s Talking Numbers on Friday March 14th to discuss DreamWorks Animations (DWA).
With the stock trading near $112.00 per share during his appearance, and already up 50% for the year, John said that he expected an eventual move to $130-$135 later on in 2014.
The chart below shows that, after first dropping into the underlying support near $96.00 that he mentioned during the interview, GMCR rallied from there and met his $135.00 per share target today to capture a 21% advance in a little over 5 months, outperforming the benchmark S&P 500 which has risen by 8% during the same period.
GMCR Since January 2014
You can view the video from John’s March 14th appearance below.
Disclosure: None.