Wednesday, April 08, 2009

Food stocks shopping bag

Although the market’s attention is oft in other sectors, consumer staples and related services are providing investors with a good trend trading opportunity. In the the current economic context this is an expected rotation, although the S&P Consumer Non-Cyclical Index remains in a bearish trend. A select group of food products and food retailers stocks outperformed the market in the last quarter and are showing up in the Stock Trends trend filters. Some stocks that are currently Stock Trends Weak Bearish and worth watching include Delmonte Foods (NYSE:DLM), Tyson Foods (NYSE:TSN), Food Technology Services (NASDAQ:VIFL), Whole Foods Markets (NASDAQ:WFMI), Cracker Barrel Old Country (NASDAQ:CBRL), and Diamond Foods (NASDAQ:DMND).

1 comment:

Penny Stock Investing said...

Some of the microocap chinese food stocks look like bargains along with some of the large chinese steel stocks. Unfortunately for those of you investing in stocks like Mcdonald's and Yum brands Apple computer that do lots of their business in china you can expect only mediocre investment returns over time. The really great returns in these type of stocks were made decades ago when they were small unknow companies unlike today.