Wednesday, July 25, 2012
Warren Buffett's Company Created 7000 Pound Chocolate Lollypop
Now the company has set a world record, by creating the world's largest lollipop, a chocolate lollipop at that, measuring three and a half feet wide and six feet long. This three and a half ton treat was revealed in San Francisco a few days ago.
The only way to invest in See's is to by Berkshire Hathaway. However, there are plenty of other chocolate companies to choose from. Info is available on them from WallStreetNewsNetwork.com, which has a free list of about a dozen chocolate and candy stocks, most of which pay dividends. Here are some that may be worth taking a bite out of:
Hershey (HSY) is the largest manufacturer of chocolate in North America. The stock trades at 20 times forward earnings and pays a tasty yield of 2.1%. .
Rocky Mountain Chocolate Factory (RMCF), makes and markets chocolate caramels, creams, mints, and truffles. The company has a forward price to earnings ratio 13, and provides a tasty yield of 3.6%.
And who can forget the "N E S T L E S, Nestle's makes the very best, chocolate" television commercial. Nestle (NSRGY), the large famous chocolate manufacturer, trades at 15 times forward earnings.
Chocoladefabriken Lindt and Sprüngli (LSPN.DE) (COCXF), sells its products under the Lindt, Ghirardelli, and Caffarel brands. The stock trades at 27 times earnings.
If you want to see a free list of all the publicly traded chocolate and candy stocks, go to WallStreetNewsNetwork.com. The list, which includes several companies that pay dividends, can be downloaded, updated, and sorted.
Disclosure: Author did not own any of the above at the time the article was written.