Despite the market woes of yesteryear, consumer food staples did overwhelmingly well in 2011. Here are six that will fatten up your portfolio.
The terms “food”, “fat” and “American” are pretty much synonymous. Why? Because, despite the market woes of yesteryear, consumer staples still have the ability to be shoved into millions of faces and consumed on a daily basis. And, as it comes to no surprise, many of these stocks did overwhelmingly well in 2011. Investors may have been starved for a better economy, but their stomachs weren’t.
I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’ve got six food stocks to fatten up your portfolio.
Here they are, in alphabetical order. Each one of these stocks gets an “A” or “B” according to my research, meaning it is a “strong buy” or “buy.”
ConAgra Foods (NYSE:CAG) is a food company known best for its brands: Banquet, Chef Boyardee, David Seeds, Egg Beaters, Healthy Choice, Hebrew National, Pam and Snack Pack. In the last year, CAG stock has jumped nearly 19%, compared to smaller gains by the broader markets. CAG stock gets a “B” for its ability to exceed the consensus earnings estimates on Wall Street, a “B” for the magnitude in which earnings projections have increased over the past month and a “B” for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of CAG stock.
Get more analysis of these picks and other publicly traded stocks with Louis Navellier’s Portfolio Grader tool, a 100% free stock rating tool that measures both quantitative buying pressure and eight fundamental factors.