As highlighted in our earlier article (here), 2016 has been a good year for investors. In 2017, after strong uncertainties, investors gained confidence and the stock market experienced a rally during the post election weeks. At the start of 2017, AroniSmartInvest in Action® predicted two major factors expected to impact the stock market performance:
2016 has been a good year for investors. After strong uncertainties early to mid-year, fueled by the saga of the unusual U.S. elections, investors gained confidence and the stock market experienced a rally during the post election weeks. At the start of 2017,
For the last week 2016, AroniSmartInvest In Action™ picked a few stocks to consider. Based on the proprietary advanced analytics, but also on the usually random behavior of investors during the last weeks of the year, AroniSmartInvest™ In Action picked a few affordable stocks.
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After a steady decline since the beginning of the year, the price of coffee stocks has been on the upward trend over the last three months or so. AronismartInvest in Action™ has flagged the trend based on the stock price movement for the companies heavily influenced by the coffee beans' performance. Among the stocks to watch are:
- Coffee Holding Co. Inc. (NASDAQ: JVA)
- Krispy Kreme Donuts (NYSE: KKD)
- Dunkin' Brands Group Inc. (NASDAQ: DNKN)
- Starbucks Corporation (NASDAQ: SBUX)
Many economic indicators appear to confirm the trend: