5 Best Coffee Stocks to Invest In

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In this article, we discuss the 5 best coffee stocks to invest in. If you want to read about some more best coffee stocks, go directly to 10 Best Coffee Stocks to Invest In.

5. Keurig Dr Pepper Inc. (NASDAQ:KDP)

Number of Hedge Fund Holders: 29    

Keurig Dr Pepper Inc. (NASDAQ:KDP) operates as a beverage company in the United States and internationally. It is one of the elite coffee stocks to invest in. On August 19, the company announced that it would not be pursuing a purchase of Bang Energy. The clarification came after media reports indicated that the beverage firm was interested in the purchase of Bang Energy drinks from Vital Pharmaceuticals. The beverage firm is based in Burlington and was founded in 1981. 

On September 14, Keurig Dr Pepper Inc. (NASDAQ:KDP) announced that the Board of Directors of the firm had approved a 6.7% increase in the yearly dividend rate to 80c per share, up from 75c per share previously. 

At the end of the second quarter of 2022, 29 hedge funds in the database of Insider Monkey held stakes worth $629.98 million in Keurig Dr Pepper Inc. (NASDAQ:KDP), compared to 30 in the previous quarter worth $755 million.

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