Thursday, November 22, 2012

Investopedia: If You're Going To Overpay For A Food Stock, Why Not Heinz?

I tend to believe that Wall Street overvalues the supposed stability of packaged/branded food and beverage companies, which is why investors seldom have the chance to buy the stocks of Coca-Cola (NYSE:KO), PepsiCo (NYSE:PEP) or Kellogg (NYSE:K) at really compelling valuations. Within the broader group of expensive food names, I can see an argument for owning Heinz (NYSE:HNZ) today. Not only is Heinz doing relatively well from an organic growth standpoint, but the combination of strong brands in developed markets and a very good presence in emerging markets is compelling to me.

Click here to continue:
http://www.investopedia.com/stock-analysis/2012/If-Youre-Going-To-Overpay-For-A-Food-Stock-Why-Not-Heinz-HNZ-GIS-CPB-UL1122.aspx

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