|Day Low/High||57.30 / 57.82|
|52 Wk Low/High||41.19 / 59.96|
A look at the packaged foods giant and the supermarket vs. the stock market.
Money movers are not buying protection for individual names, but they are starting to bet against the market en masse, while the Russell 2000 ran up 4% on Monday.
I recently endorsed the packaged foods goods sector and have purchased more Kraft Heinz , TreeHouse Foods and J. M. Smucker . (All three are on my Best Ideas List.) The stocks did quite well yesterday. Credit Suisse chimed in bullishly this morning ...
The problem for index fund owners is they own all three buckets and there are a lot more companies in the third bucket than in the first two.
I think their sales are sustainable in part because we are scared to go to the supermarket but we know we have to because we can't go out much.
Now that the service economy is pretty much stopped in its tracks, here are promising areas, including technology as manufacturing, to consider.
The answer to that question depends on several factors, so let's break them down.
At the Consumer Analyst Group of New York, or CAGNY, Mondelez International , the company behind my favorite cookie - the Oreo - reiterated its 2020 outlook, as well as the following long-term targets: - Organic Net Revenue growth of 3% plus - High...
Don't react with panic or glee to the headlines. This is a wild card event and you have to approach any moves with care.
That's the question my wife asked me recently -- here's my answer.
There's good spend, bad spend, and no spend.
The market is throwing a Halloween sale right now that it doesn't need to throw, and that's an opportunity.
If there was not a sizable addressable market for Beyond Meat, the competition would not be building as quickly as it is.
Eating up MDLZ on a dip toward $50 looks like a delicious move.
We have more than 1,050 companies reporting quarterly earnings from Monday to Friday, and here are the ones to keep focus on.
But with indicators mixed, traders could approach the long side of GIS if they use a sell stop below $51.
Longs should be prepared for the stock to weaken with the broader market.
It might not be a bad idea to move toward some conservative names such as PG, MDLZ and PEP.
As usual, the stocks that bounce back first are the tech stocks with little Chinese exposure and the consumer packaged goods that just demonstrated good numbers.
In this day and age, companies must be 'disruptors' or get left in the dust.
* Nelson Peltz's imprimatur has value * But, from my perch, not $1 billion of value! "Buy Aurora Cannabis . Buy it because Nelson Peltz is now an advisor to the company with options to buy 20 million shares at a minimum. Buy it because Nelson's con...
I know that Nelson is fascinated by the medicinal properties chiefly as a replacement for opioids, the scourge of this country.