HNZ
H.J. Heinz Co., symbol HNZ on New York, continues to see strong demand for its foods in China, Brazil and other fast-growing markets. The company now gets 70% of its sales from outside the U.S.
Heinz is one of the stocks we analyze in Wall Street Stock Forecaster, our newsletter for U.S.A. stock market investing.
Strong demand from overseas markets pushed up …read more »
H.J. Heinz Co., New York symbol HNZ, makes a wide variety of processed foods, including condiments, sauces, soups, baked beans, pastas and infant food. Its flagship product is Heinz Ketchup.
We analyze Heinz in Wall Street Stock Forecaster, our newsletter for U.S.A. stock market investing.
In its latest fiscal year, which ended April 27, 2011, Heinz earned $989.5 million. That’s up 8.2% …read more »
A key part of our three-part investment approach is to stick with well-established, dividend-paying companies. (The other two parts are to spread your money out across the five main economic sectors, and downplay stocks in the broker/public-relations limelight.)
Most well-established companies have built up strong reputations that can help them overcome the inevitable downturns. Their trusted brands also make it easier …read more »
H.J. HEINZ CO. $49 (New York symbol HNZ; Income Portfolio, Consumer sector; Shares outstanding: 318.3 million; Market cap: $15.6 billion; Price-to-sales ratio: 1.5; Dividend yield: 3.7%; WSSF Rating: Above Average) makes a wide variety of processed foods, including condiments, sauces, soups, baked beans, pastas and infant food. Its flagship product, Heinz Ketchup, accounts for about 60% of U.S. ketchup sales. …read more »
A key part of our three-part investment approach is to stick with well-established, dividend-paying companies. (The other two parts are to spread your money out across the five main economic sectors, and downplay stocks in the broker/public-relations limelight.)
Most well-established companies have built up strong reputations that can help them overcome the inevitable downturns. Their trusted brands also make it …read more »
H.J. HEINZ CO. $45 (New York symbol HNZ; Income Portfolio, Consumer sector; Shares outstanding: 318.1 million; Market cap: $14.3 billion; Price-to-sales ratio: 1.4; Dividend yield: 4.0%; WSSF Rating: Above Average) is buying privately held Foodstar, a leading maker of soy sauces in China.
Heinz will pay $165 million for Foodstar. That’s equal to 18% of the $914 million, or $2.87 a …read more »
H.J. HEINZ CO. $44 (New York symbol HNZ; Income Portfolio, Consumer sector; Shares outstanding: 315.6 million; Market cap: $13.9 billion; Price-to-sales ratio: 1.4; Dividend yield: 3.8%; WSSF Rating: Above Average) is a leading maker of condiments. Its flagship product, Heinz ketchup, accounts for about 60% of U.S. ketchup sales. The company also makes frozen potatoes (under the Ore-Ida brand), pasta …read more »
Food processors like the seven companies we analyze below add stability to any portfolio. That’s because they’ve built brands that have strong customer loyalty and produce steady, predictable revenue streams. These seven firms’ strong brands are also helping them expand in developing markets, such as Asia and Latin America.
These seven stocks trade at reasonable multiples to earnings, and have long …read more »
Blue chip stocks are well-established companies that have demonstrated their financial strength through good times and bad. They typically pay dividends, and are considered to be less risky, based on their historical patterns.
There are many blue chip stocks in the consumer sector. Typically, the strongest of these companies sell staples, like soap, beverages and soup, that consumers must buy …read more »
Food companies add stability to your portfolio. While they have to deal with changing costs and eating trends, they benefit from continuous, habitual buying by regular customers regardless of the overall economy. The recession has prompted more consumers to switch to cheaper, generic brands. But falling raw-material costs will let these six top food companies lower their prices, maintain their …read more »
