Big Food is hurting>>> I just put this up elsew
Post# of 27284
(Total Views: 87)
Posted On: 05/18/2018 8:48:57 PM
Big Food is hurting>>>
I just put this up elsewhere dw>>>
I have posted many times here how big food did OK in the 2000-2002 Bear where the Nasdaq lost 2/3rd's of it's value, and maybe a good play for another major bear. I don't think so this time, PE's have soared, and if stagflation is the new trend and food commodities keep going up, that will put even more pressure on them. Processed food is under pressure and organic is still growing, even though many of the names below are getting more into it. I sauna often at the YMCA with a GIS scientist, says things are looking up there in sales in organic. GIS HQ is like 6 miles from me.
KO http://stockcharts.com/h-sc/ui?s=KO&p=D&a...7122287813
PEP http://stockcharts.com/h-sc/ui?s=PEP&p=D&...8907760328
KHC http://stockcharts.com/h-sc/ui?s=KHC&p=D&...6471464592
GIS http://stockcharts.com/h-sc/ui?s=GIS&p=D&...3912344535
K http://stockcharts.com/h-sc/ui?s=K&p=D&am...8390066917
HSY http://stockcharts.com/h-sc/ui?s=HSY&p=D&...0889364518
SJM http://stockcharts.com/h-sc/ui?s=SJM&p=D&...7178919139
PPC http://stockcharts.com/h-sc/ui?s=PPC&p=D&...28643650PC
Tyson getting into the meatless meat end of it, but just a tiny portion of it's business and early on in that trend.
TSN http://stockcharts.com/h-sc/ui?s=TSN&p=D&...7229742058
MKC One I should have stayed in MKC, is doing fine, but a tailwinds stock with it's expansion in China and their modernizing economy. I think it was 2015 when I got out of it, BOOOOOO LOL I wonder if CBP's negative story caused the temporary dive in MKC today.
http://stockcharts.com/h-sc/ui?s=MKC&p=D&...5073902388
I just put this up elsewhere dw>>>
I have posted many times here how big food did OK in the 2000-2002 Bear where the Nasdaq lost 2/3rd's of it's value, and maybe a good play for another major bear. I don't think so this time, PE's have soared, and if stagflation is the new trend and food commodities keep going up, that will put even more pressure on them. Processed food is under pressure and organic is still growing, even though many of the names below are getting more into it. I sauna often at the YMCA with a GIS scientist, says things are looking up there in sales in organic. GIS HQ is like 6 miles from me.
KO http://stockcharts.com/h-sc/ui?s=KO&p=D&a...7122287813
PEP http://stockcharts.com/h-sc/ui?s=PEP&p=D&...8907760328
KHC http://stockcharts.com/h-sc/ui?s=KHC&p=D&...6471464592
GIS http://stockcharts.com/h-sc/ui?s=GIS&p=D&...3912344535
K http://stockcharts.com/h-sc/ui?s=K&p=D&am...8390066917
HSY http://stockcharts.com/h-sc/ui?s=HSY&p=D&...0889364518
SJM http://stockcharts.com/h-sc/ui?s=SJM&p=D&...7178919139
PPC http://stockcharts.com/h-sc/ui?s=PPC&p=D&...28643650PC
Tyson getting into the meatless meat end of it, but just a tiny portion of it's business and early on in that trend.
TSN http://stockcharts.com/h-sc/ui?s=TSN&p=D&...7229742058
MKC One I should have stayed in MKC, is doing fine, but a tailwinds stock with it's expansion in China and their modernizing economy. I think it was 2015 when I got out of it, BOOOOOO LOL I wonder if CBP's negative story caused the temporary dive in MKC today.
http://stockcharts.com/h-sc/ui?s=MKC&p=D&...5073902388
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