5 Best Coffee Stocks to Invest In

1. McDonald’s Corporation (NYSE:MCD)

Number of Hedge Fund Holders: 70

McDonald’s Corporation (NYSE:MCD) sells coffee at its outlets throughout the world. The company’s management last month talked about its coffee business in the latest earnings call:

“This approach of smaller, more affordable bundles featuring our core menu favorites was first highlighted earlier this year in Germany and the U.K. with the launch of new permanent value offerings and has since been adapted locally in other markets. In Canada, a highly competitive breakfast market, the team offered customers a more affordable option with the McMuffin and hot coffee pairing. By simply featuring our core products, at a compelling price point during a critical day part, we drove market share gains in both breakfast and coffee, demonstrating how providing customers, what they want at great value always resonates. The D123 Everyday Value Menu in the U.S. takes a similar approach to affordable bundles with nationally promoted products at locally relevant price points.”

McDonald’s Corporation (NYSE:MCD) also said:

“Maybe one I would just call out is in Canada, where the team there put a morning offer in place, which was a McMuffin and coffee pairing breakfast in Canada, is a pretty important daypart. Coffee is a pretty important part of that daypart. And so, I think our markets are going to continue to front footed and proactively make sure that we’re adjusting value. So it’s relevant to what our consumers are looking for as the context continues to evolve. And value, as Chris talked about, is a strategic part of our fundamental business model, but we are obviously going to continue to listen to our customers and make sure we’re delivering what they need and what they expect from us.”

Read the full earnings call transcript here.

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