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Mark Holder

SodaStream: Sometimes It's Just Better To Be Lucky

Before the open, SodaStream (SODA) reported blowout Q3 numbers. The maker of home beverage carbonation systems was up substantially the last couple days due to rumors of being an acquisition target leading me to caution investors. Due to the wild market swings from the surprise Trump win, I luckily didn't have time to have second thoughts on dumping the stock yesterday on the surge to close above $28. 

SodaStream had possibly the most impressive Q3 beat reporting an EPS of $0.69 versus expectations for only $0.23. Revenues were $124.2 million for growth of 13%. As the company has shifted away from full-speed expansion, the margins are improving dramatically from lower marketing and promotional expenses.

The stock is up an incredible 17% to nearly $33 now. Hard to tell what to do with the stock, but the market cap is only a meager $600 million and SodaStream has crushed estimates for the 3rd time this year. Holding onto my shares for now and happy to be lucky. 

More research:

SodaStream Pop

Disclosure: Long SODA

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