Cramer said Jones Soda is the next Hansen and everyone is watching Jones (JSDA) because today they report Q1 after the market close.
What a ride this stock has been on, JSDA is up 168% in the last year alone. Analysts polled by Thomson Financial estimate Jones’ earnings will jump 69% this year to 22 cents a share and move up another 77% the next year. Jones uses pure cane sugar (from Hawaii, born in the sun) in their soft drinks and they have a ton of great flavors that are anything but normal, like their Turkey & Gravy Soda.
It’s too late to buy HANS, Jon Ogg told us now that Hansen has $3.4 Billion in market cap it’s best to just pass, but Jones — can they become the next Hansen? Shares of Jones are up 3% today and trading around $24 a share. Now that Jones Soda is being sold in cans and available at Wal-Mart, Safeway, Kroger, Kmart and Costco. Could this stock continue flying?
We’ll see, after the close.
Frank Lara Jr.
Frank Lara Jr. can be reached at [email protected]; he does not own securities in the companies he covers.
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