I went out on a limb last week, and now it's time to see how that decision played out.
Two out of three? I can do better than that.
Let me once again whip out my trusty, dusty, and occasionally accurate crystal ball to make three calls that may play out over the next few trading days.
1.SodaStream will close out the week higher Shares of SodaStream International Ltd (NASDAQ:SODA) have been moving higher since posting record quarterly results three months ago, and that kind of enthusiasm often leads to a sell-off if the next quarter isn't as exciting. I'm banking on SodaStream to come through with another blowout performance.
SodaStream continues to gain ground across its growing number of global markets, and one would think the Israeli-based company wouldn't have invested in its first Super Bowl commercial earlier this month if it wasn't in a good groove. Whether it's fresher, cheaper, or more eco-friendly than traditional soda, consumers are gravitating toward the namesake system that turns tap water into fizzy soft drinks.
I see a strong quarter when SodaStream reports on Thursday, and I think the stock will follow suit. My first call is for SodaStream to close the week higher.