Tuesday, November 04, 2014

The Thanksgiving Stock Portfolio

Thanksgiving is just around the corner, and a lot of turkeys and other food items will be eaten and sold. It is making me hungry just thinking about it. But I was also thinking about all the companies that are making money from these sales. Here are a few that will be participating in the business of Thanksgiving.

First, there is Hormel (HRL), which owns Jennie-O Turkey Sales, one of the two largest turkey processing companies in the United States, along with Cargill which is privately held. The stock trades at 25 times trailing earnings and 21 times forward earnings. Earnings for the latest reported quarter were up 21.4% on a 5.8% boost in revenues. The stock sports a decent yield of 1.5%.

Then there is Kraft Foods (KRFT) which through its Oscar Mayer brand sells turkey. Kraft also markets the ever popular Stovetop Stuffing. The stock trades at 15 time trailing earnings and 17 times forward earnings. It recently reported a 10.8% drop in earnings for the latest quarter on flat revenues. The yield is a very healthy 4.9%.

Tyson Foods (TSN) owns Hillshire Brands through a recent merger, which owns Sara Lee, which sells turkeys. The stock has a price to earnings ratio of 15, and reported a 4.4% rise in earnings on a 10.9% increase in sales. It pays a small yield of 0.7%.

One of the most popular turkey stuffings is the Pepperidge Farm stuffing, a brand owned by Campbell Soup (CPB). The stock has a trailing and forward PE ratio of 17 and pays a yield of 2.8%.

There are other companies that will benefit by the Thanksgiving holiday such as the airlines, the oil companies, wineries, pie companies, and more. Hopefully, you can fill your stomach with great food and fill your portfolio with great stocks. Also, if you like interesting stock lists like this, check out all the lists at WallStreetNewsNetwork.com. 

Disclosure: Author didn't own any of the above at the time the article was written and has no plans to do so in the next 24 hours.

By Stockerblog.com

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