Sweet Tooth
With a 34.7% advance in the first-half of the year, The Hershey Company (NYSE: HSY) is off to a stellar start. The stock set a new 52-week high last month and has only pulled back slightly in the days since.
In Q1, net sales spiked 13.9% as Hershey benefitted from volume gains. Hershey also experienced a 410 basis point margin improvement. The stock presently carries a dividend yield of 2.7%. Traders looking to take a long or short position in Hershey can check out our free HSY trading report for an in-depth technical analysis of the stock.
Another consumer play that has gotten off to an encouraging start in the first six months of 2010 is Mead Johnson Nutrition (NYSE: MJN). The children’s nutritional products maker has churned out a 17.1% return so far this year. In Q1, the company’s sales were up 10% versus the year-ago quarter. Traders looking to buy this stock can review our free MJN trading report for help with implementing adequate risk controls.
The Doctor’s Orders
Dr Pepper Snapple Group (NYSE: DPS) has posted a 31.7% gain in the opening half of 2010. The stock is trading just below its 52-week high and is up 68.4% from the level it was trading at a year-ago. Its forward P/E is sitting at 13.5 right now.
In Q1, the company’s reported net sales ticked down slightly, but its bottler case sales volume rose 3%. The company strengthened its balance sheet by paying down $405 million in debt and it bought back $202 million in common stock. Traders pondering a position in Dr Pepper Snapple are advised to consult with our free DPS trading report prior to pulling the trigger.
Powered in part by a fiscal Q3 which showed a 10% pop in net sales, Estee Lauder(NYSE: EL) has seen its stock price run up 18.7% in the first-half of 2010. The stock has been on fire during its 77.0% advance over the course of the past year.
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