Hedge fund legend Paul Tudor Jones added a number of positions to his portfolios in the second quarter of this year. Though the next round of earnings reports are due at the end of month, I review these four Jones picks here to see if they are on track to fare well in light of continued weak economic indicators.

Green Mountain Coffee Roasters (GMCR) – This specialty coffee maker and single-serving brewing innovator is trading near $95 a share. Its 52-week range is $26.14 to $115.98. It does not pay a dividend. Earnings per share is $1.03, and its price to earnings ratio is 91.38. Market capitalization is $14.21 billion. Net sales for the quarter ended June 25 were $717.2 million, up 127 percent from $316.6 million for the same period 2010. Net income for the most recent quarter was $56.3 million, up 206 percent from $18.4 million for the same quarter 2010.

Company officials attribute the increased performance to continued sales of its popular Keurig single-cup brew systems, seasonal popularity of its iced coffee and tea products, and an effective advertising and marketing program initiated in the spring. The company reduced its outstanding debt shown on its balance sheet to $421.9 million for the quarter ended June 25 from $1.06 billion for the same period last year. Management remains optimistic about the company’s performance and increased expected net sales for the coming quarter to grow by 100 percent to 105 percent instead of by previous estimates of 82 to 87 percent. Official expects growth to continue into fiscal 2012, with total net sales growth of 60 to 65 percent.To continue reading, click here