Cancer therapy -- another reason to love coffee stocks

These stocks don't need a prostate health study to keep investors smiling.

By InvestorPlace Dec 10, 2009 4:58PM

coffeeBy Jim Woods,


I'm an admitted coffee fiend, so when I see medical reports that tell me drinking coffee is actually good for my health; well, you know I am going to let the world know. Case in point is the findings of researchers from Harvard Medical School suggesting that drinking coffee may significantly reduce the risk of prostate cancer.


Now, assuming I'm not the only one out there pleased about the latest medical green light to keep downing a lot of java, I think it's safe to speculate that coffee stocks may get a healthy bump from the Harvard study.

The study found that the heaviest coffee consumers had a 60% lower risk of developing aggressive prostate tumors than men who did not drink any coffee.

Admittedly, researchers said they weren't sure which components of coffee might have a positive effect on blunting the tumors. However, coffee is already known to contain a slew of biologically active compounds, such as minerals and antioxidants, known to limit tissue damage caused by cellular function.


The Harvard researchers stressed that more study is required before any precise, causal conclusion can be drawn about the overall cancer-combating effects of coffee. But as one researcher said of the report, "Our results do suggest there is no reason to stop drinking coffee out of any concern about prostate cancer."


Not that I needed a reason to keep drinking coffee, but now that I know my prostate could actually be healthier because of my heavy consumption, you know I am going to keep drinking a second, third and maybe even a fourth morning cup.


My three favorite coffee companies are the 800-lb. bean in the space, Starbucks (SBUX), up-and-coming Starbucks rival Peet's Coffee & Tea (PEET) and Green Mountain Coffee Roasters (GMCR), makers of the popular Keurig K-Cup gourmet brewing system.


These three coffee stocks don’t really need the prostate health study to keep investors smiling, but I say the more reasons to buy more coffee, the better it is for these three coffee merchants' bottom lines. And the more robust the bottom lines, the bigger the caffeine rush in the stocks.


At the time of this writing, Jim Woods did not own shares of SBUX, PEET or GMCR in personal or client portfolios.


Related Articles:

Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
100 character limit
Are you sure you want to delete this comment?


Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.


StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

120 rated 1
268 rated 2
439 rated 3
709 rated 4
641 rated 5
609 rated 6
640 rated 7
516 rated 8
272 rated 9
152 rated 10

Top Picks

TAT&T Inc9



Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.