Updating Procter & Gamble Co., Canon Inc. ADRs, and Archer Daniels Midland Co.

Article Excerpt

PROCTER & GAMBLE CO. $79 (New York symbol PG; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 2.6 billion; Market cap: $205.4 billion; Price-to-sales ratio: 3.0; Dividend yield: 3.6%; TSINetwork Rating: Above Average; www.pg.com) is one of the world’s largest makers of household and personal-care goods. The company recently paid an undisclosed sum for First Aid Beauty (FAB). That firm makes premium-priced products to treat a variety of skin-related conditions such as acne, dry skin and redness. Procter plans to use its large international distribution networks to expand the availability of FAB’s products. The company’s extensive research operations will also cut FAB’s reliance on the formulations it now licences from other companies. Procter & Gamble is a buy. CANON INC. ADRs $32 (New York symbol CAJ; Conservative Growth Portfolio, Manufacturing & Industry sector; ADRs outstanding: 1.1 billion; Market cap: $35.2 billion; Price-to-sales ratio: 0.9; Dividend yield: 5.0%; TSINetwork Rating: Above Average; www.canon.com) is a leading maker of office equipment— mainly printers and copiers. Its other products include digital cameras…

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