Can SodaStream Keep Going After Last Week's 9% Pop?
SodaStream (NASDAQ: SODA) continues to execute on the mother of all second acts. The company behind the carbonated beverage maker saw its shares rise 9.2% last week, moving higher after another better-than-expected quarter and an analyst upgrade. SodaStream seemed left for dead a couple of years ago when shifting soft drink consumption trends and the faddish nature of its product resulted in back-to-back years of declining sales, but there's been new life injected into the company and the stock with its marketing reinvention as a maker of flavored sparkling water.
Investors have been rewarded with fizzy gains. SodaStream soared 142% last year. It's also handily beating the market in 2017, up 58% year to date. SodaStream shares have nearly quadrupled since the start of last year, up 281% in that time.
Image source: SodaStream.
Source: Fool.com
