Sunday, June 26, 2011
In the Zone
$CBOU - Caribou Coffee Company, Inc.
Caribou Coffee Company, Inc. operates coffeehouses primarily in the United States. It offers premium coffee and espresso-based beverages, as well as specialty teas, baked goods, whole bean coffee, branded merchandise, and related products.
As of January 3, 2010, the company had 534 coffeehouses, including 121 franchised coffeehouses located in Minnesota; Illinois; Ohio; Michigan; North Carolina; Georgia; Wisconsin; Virginia; Colorado; Maryland; Iowa; Washington, D.C.; North Dakota; Nebraska; Pennsylvania; Kansas; South Dakota; Missouri; Indiana; and Nevada, as well as in the international markets.
It also sells premium whole bean and ground coffee to grocery stores, mass merchandisers, office coffee providers, airlines, hotels, sports and entertainment venues, college campuses, and online customers.
The company was founded in 1992 and is headquartered in Minneapolis, Minnesota.
Please keep (CBOU) Caribou Coffee Company, Inc. on your weekly watch list for a price break above $13.50 - $13.55 going forward on heavier than average upside volume of 1.01 million. This stock is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle