Tuesday, December 09, 2008
A little sweetener in your portfolio
According to a recent Businessweek table there are some commodity prices that have actually risen in the past year. While wheat prices have fallen almost 30%, the prices of refined sugar are up over 20% over the past year. Some may take this as proper incentive to cut down on fattening sweets and sweeteners, but investors like to follow the pricing power. Not surprisingly, Rogers Sugar Income Fund (TSX:RSI.UN) is showing signs of a change in trend. It is now a Stock Trends Weak Bearish stock and is one of a few encouraging trading opportunities in the consumer staples sector.