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WHY LTEA?

Long Island Iced Tea Corp.

LTEA is making real money, with trailing revs already coming in at $5.2M.


Date : August 14, 2017

LTEA Combines Growth, a Tiny Float, and an Advantageous Chart Setup

New Opportunity:  Long Island Iced Tea Corp. (NASDAQ: LTEA)

As you know, we don’t like to throw tickers randomly at the wall to see which ones stick. We look for scenarios that contain truly special opportunity. Right now, NAKD looks very promising in that regard.

We hope you have had a nice Summer break. But it’s time to get back into the action. We continue to pace well ahead of our goals so far this year because the market has been great for small and microcap trading, and we have been very selective, only alerting you to stocks when everything seems to line up just right.

Our newest alert is a perfect example:LTEA combines an excellent chart setup with strong fundamental growth and a red hot story. That all comes wrapped up in one of the smallest trading floats on the market right now, at just 1.5M shares. This one deserves your due diligence right away!

Symbol: LTEA

Company:  Long Island Iced Tea Corp.

Quote: http://finance.yahoo.com/q?s=LTEA

Latest News:  http://finance.yahoo.com/q/h?s=LTEA+Headlines

Company Website: http://www.longislandicedtea.com

leaders of LTEA

Who is LTEA

Long island ice tea

Nielson tracks everyone of those market trends as in high-growth gear over the past year and four years (all are seeing annual CAGR rates in the double digits, with some as high as 20-40%).

So, LTEA is in a strong segment, with many strong trends providing wind at their back and also seeing strong topline growth on the books.

Long Island Iced Tea Corp. (LTEA), through its subsidiary, Long Island Brand Beverages, LLC, produces and distributes iced tea.

The company is currently organized around its flagship brand Long Island Iced Tea, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of distributors.

LTEA has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price.The company also provides lower calorie iced tea in 12 ounce bottles.

LTEA is headquartered in Long Island, New York, and sells its products to distributors who in turn sell to retail outlets in the East Coast of the United States.

The company is in a very strong market space: Ready-To-Drink Tea (RTD Tea) is growing fast and taking market share from similar beverage categories. Right now, RTD Tea is a $5.3 bln market with a 10% 5-year CAGR.

RTD Tea in the “health and wellness” area of beverage is really the spot, with LTEA positioning itself as a soda alternative, and signs from the market that both Coke and Pepsi are starting to recognize that they are fighting a losing battle with their flagship products, as the healthier alternatives start to get increasing traction.

Inside the niche, LTEA has a “sweetspot”, with Nielson market research suggesting a tremendous overlapping of trends. LTEA markets its key product as Corn-Free, Hormone and Antibiotic-Free, Non-GMO, Gluten-Free, Natural, and with no Artificial Coloring or Flavoring.

Recent Catalysts

The company has been on a rapid binge of expansion in terms of new deals and partnerships in its distribution channel.

For example, the company just announcednew and expanded partnerships in the New York Metro area with Target, Stew Leonard’s, City Fresh Market, Cherry Valley Marketplace and Fairway Market.

According to that release, Long Island Iced Tea will now be available in 13 initial Target locations in Long Island and New York City (18oz bottles), Stew Leonard’s in Farmingdale, New York (18oz bottles), all 24 City Fresh Market and Cherry Valley Marketplace locations (18oz and gallon bottles), and all 15 Fairway Market locations (18oz and gallon bottles, demand driven expansion from 18oz bottles only).

Just before that, the company highlighted the fact that it has secured placement of its flagship brand Long Island Iced Tea in 156 Loblaws supermarkets across Canada. Loblaws is one of the largest supermarket chains in Canada and this is the largest international chain account agreement in the history of the Company.

As if that weren’t enough, the stock was just added to the Russell Microcap Index, which means managers of index funds in that market segment don’t even have a choice: they have to buy it.

Long Island ice tea

Technical Analysis

This stock has a truly tiny trading float (just 1.5M shares rattling around on the market). That is a major factor when sizing up the chart.

Right now, we are seeing a pullback right into the pocket of the 62% Fibonacci point. That is coming on clearly rising volume as a major bid steps in to dig heels against the distributive movement. That’s usually a good sign, particularly when a stock is making a higher low.

Finally, the RSI indicator just hit the oversold buy-trigger point, marking a potentially advantageous entry zone for the stock. Given the tiny float, this could turn that action around very quickly and possibly catch some major momentum the other way in the blink of an eye.

LTEA.Chart2

About LTEA

LTEA stock

LTEA (Long Island Iced Tea Corp.), through its subsidiary, Long Island Brand Beverages, LLC, produces and distributes iced tea.

LTEA is currently organized around its flagship brand Long Island Iced Tea, a premium, ready-to-drink iced tea sold primarily on the East Coast of the United States through a network of distributors.

LTEA has developed non-alcoholic, premium iced tea bottled beverages made with quality ingredients that are offered at an affordable price.The company also provides lower calorie iced tea in 12 ounce bottles.

LTEAis headquartered in Long Island, New York, and sells its products to distributors who in turn sell to retail outlets in the East Coast of the United States. 

LTEA’s website is www.longislandicedtea.com.

Key Points:

  1. LTEA has a small trading float of just 1.5M, which suggests the stock could launch higher on any additional influx of interest.
  2. LTEA is making real money, with trailing revs already coming in at $5.2M.
  3. LTEA is starting to see major topline growth, with quarterly y/y revs increasing at 119%.
  4. LTEA is coming off an RSI trough under 40, pointing to a massively oversold stock now heading back the other way.
  5. LTEA continues to show rapid expansion of its distribution channel with new recent partnerships in the NY metro area and across Canada.

Conclusion

LTEA is triggering a key point on the chart and only lugging around a very few shares in the process. That makes it light and easy to turn around. At the same time, we are seeing an aggressive bearing from management, suggesting that the company has a strong growth plan that is proceeding well thus far – the 119% y/y top line growth attests to that as well.

It’s rare to see this combination of positives lining up all at once.

Long island ice tea locator

Disclaimer :

We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. MyBestStockPicks engaged in the business of marketing and advertising companies. All content on our website is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. Neither the owner of Our Newsletter nor any of its members, officers, directors, contractors or employees are licensed broker-dealers, account representatives, market makers, investment bankers, investment advisors, analyst or underwriters. Investing in securities, including the securities of those companies profiled or discussed on this website is for individuals tolerant of high risks. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here.  Mybeststockpicks owns no shares of any of the companies mentioned here within, nor intends to buy any in the future. Mybeststockpicks  has been compensated total of two thousand dollars by ALG Financial  to perform 1 week  investors awareness advertisement on LTEA starting 14/08/2017 Read Full Disclaimer 

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