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Every time I stop by the local deli, I make a point to pick up a midday snack. One of my favorites is the pre packaged pound cakes by Sara Lee. Served with whipped cream and raspberries, they make an amazing gourmet tasting desert on a budget.
As you know, I am a huge proponent of investing in what you know, ala Fidelity's Magellan Fund kingpin, Peter Lynch. Therefore, I decided to look a little closer at this tasty baker. I discovered that Sara Lee produces a wide range of food and consumer products, including bakery, beverages, meat, body care, air care, insecticides, even shoe care.
What I originally believed was just a bakery is far from a one trick pony producing popular brands across the consumer product spectrum. My first step was to take a look at the Long Term PowerRatings of the company. I was pleased to see that they are the number one ranked low priced stock on the scanner with a 6 rating. For those of you unfamiliar with our PowerRatings it is an easy to use, dynamic stock picking tool based on 13 years of extensive, statistically significant studies, across most market environments. Our research has clearly shown that stocks that earn a 10 rating have an 81% chance of being higher one year later. Those possessing a 9 rating have a 79.1% chance of trading higher one year later. In this volatile, uncertain market environment, allow Long Term PowerRatings to assist you in building a profitable and safe portfolio.
Sara Lee (SLE | Quote | Chart | News | PowerRating) was first conceived by baker Charles Lubin when he named his line of cheesecakes, Sara Lee, after his daughter. In 1956, Consolidated Foods bought out Mr. Lubin's firm. A series of acquisitions and organic growth continued until 1985 when the company changed its name back to the original inspiration, Sara Lee.
An aggressive international growth plan continues to this day with Sara Lee generating $13 billion dollars annually of net sales across 200 countries. They employ over 40.000 employees and still produce a wide, diversified range of consumer foods and products. Fundamentally, the third fiscal quarter of 2009 was positive for Earnings and Income. Adjusted Operating Income increased by 30.1% and Diluted EPS was up 0.03 cents. However, Sales were off by 6.6% due to a softening world wide economy.
The CEO Brenda Barnes provided positive guidance into the rest of 2009 expecting another solid year. Technically, price is channeling between $9.00 and $9.50/share.
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Learn what you need to know as an active investor looking to invest in companies with a history of financial strength and a track record for growth. Click the link above or call us at 888-484-8220 extension 1 to get your copy of the "5 Secrets to Successful Stock Investing" today!
David Goodboy is Vice President of Business Development for a New York City based multi-strategy fund.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
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