Of course there are other ways of playing the Halloween market. Like the scary movie industry. Netflix (NFLX) has many horror movies to choose from. And then there is Lions Gate Entertainment (LGF), the major producer of scary movies. The company's movies include See No Evil, Route 666, The Devil's Rejects, American Psycho, Ginger Snaps, House of the Dead 2, Saw VI, etc.
Getting back to candy, WallStreetNewsNetwork.com has a free list of candy and chocolate companies, with a listing of about twelve stocks. Hershey Foods (HSY) is the large chocolate and confectionery company which is known for its Hershey Bars and Kisses. The stock has a trailing price to earnings ratio of 28, and pays a reasonable yield of 2.0%.
Tootsie Roll Industries (TR) is a producer of many types of candy for trick-or-treaters including Tootsie Rolls, Sugar Daddys, Charms, Blow-Pops, Blue Razz, Zip-A-Dee Pops, Cella's, Tootsie Roll Pops, Caramel Apple Pops, Mason Dots, Mason Crows, Junior Mint, Charleston Chew, and Sugar Babies. The stock trades at 38 times earnings and sports a yield of 2.7%
Rocky Mountain Chocolate Factory (RMCF) is a confectionery manufacturer based in Durango, Colorado. The company makes such candies as caramels, clusters, creams, mints, and truffles. The stock trades at 44 times earnings. The yield is a delicious 3.5%.
More candy and chocolate stock can be found at WallStreetNewsNetwork.com, which also includes the stock symbol, the P/E ratio, the yield, and the products.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
No comments:
Post a Comment