SAC's Steve Cohen Was Bullish On Green Mountain Coffee Roasters In February

According to an an article that appeared in DealBook on February 15, one of Steve Cohen's favorite stocks at that time was Green Mountain Coffee Roasters GMCR, which has since soared. The piece was written by Peter Lattman and it recounted a memorable evening when Paul Tudor Jones interviewed Mr. Cohen at an investment conference being held at the Waldorf Astoria hotel in Manhattan. Like Cohen, Tudor Jones runs a multi-billion dollar hedge fund, and many market observers believe that the two men are among the best traders of all time. During the interview, Cohen told Jones that he really liked Green Mountain Coffee Roasters (GMCR), which was trading at $45.53 on February 15. That pick has proven prescient, as GMCR shares have soared around 93% since then to $78.63. Two other stocks that Cohen said he was bullish on were Williams Companies WMB and Plains Exploration PXP. His WMB pick has turned out nicely thus far, with a 12.59% return. PXP, on the other hand, hasn't turned out so well, showing a loss of 12.69% since February 15. As a whole, however, a portfolio consisting of Cohen's three stock picks from February 15, would be spectacular, largely on the massive gains in GMCR.