Tuesday, November 5, 2024
Ignore the premature celebration on Wall Street that inflation has been beaten and all is well with the world. In reality, inflation is not close to being “beaten.” For example, take a look at food prices in the U.S., which increased 11.2% in the 12 months that ended September 30, after jumping 11.4% previously (the […]
Faced with the twin problems of inflation and recession, investors are looking for companies that fare well, no matter the economic climate. A typical recession tends to drive investors to certain sectors of the market to move their money so they can hunker down and ride it out. The consumer staples sector has been a […]
With my conservative investment strategies, I do not have much reason to worry about the current stock market correction. I know that if I accumulate dividend-paying shares for cheap while others are selling, my income and wealth will be much greater when the market recovers. And it always recovers. I am, however, concerned about a […]
Most sectors of the market have been creamed recently… But, underneath the surface, I see a food stock that is about to break out to all-time highs. They pay a nice dividend… More importantly… While other food stocks, like Kraft-Heinz (who are way off from all-time highs)… This one stock is set to break out. […]
Most initial public offerings in 2021 seemed to be created through SPACs (special purpose acquisition company), a popular and more cost-effective way to get a faster listing. While the jury remains out on many of these SPAC-originated IPOs, there is one company that went public the traditional way. That way involves regulatory filings and several […]
On Monday, shares of Beyond Meat (BYND) were up more than 15% on a volume spike to 4.3 million shares, as compared to daily average volume of 4.06 million. This is all thanks to news that Barclays’ analyst Benjamin Theurer upgraded the BYND stock to an overweight rating, with a price target of $80 a […]
Shares of Hormel Foods (HRL) are down 15% from a 52-week and all-time high north of $52 and is a company that investors might want to consider at a discounted rate. HRL’s products portfolio includes a number of well-known consumer brands, including Spam, Natural Choice, Justin’s, Jennie-O, Black Label, Sadler’s and Columbus. The canned-meat company […]
Hostess Brands (TWNK) is an iconic brand that has been around for decades and is the reincarnation of the old Hostess Brands. Some of its best-selling products include: Twinkies, Ho-Hos, Hostess Cupcakes, Ding-Dongs, as well as breads and cookies. Which filed for bankruptcy in 2012. A couple of years ago, Hostess Brands bought Voortman Cookies, […]
Utz Brands (UTZ) recently announced Q3 earnings of 26 cents a share on revenue of $248 million versus Wall Street’s forecasts at 11 cents a share on sales of $246 million. The 15-cent beat by UTZ was impressive. Net income checked in at $17.9 million versus $8.5 million in the prior year. UTZ also recently […]
It feels like COVID-19 is stealing summer. With businesses closed, large gatherings banned, and no baseball (yet), we are in July, but it does not feel like summer should feel. However there is one traditional Fourth of July event that has not been canceled and may help you get that summer feeling. Nathan’s Famous International […]
