Get Benzinga's Best Trading Ideas For Free

Five Top Consumer Good Stocks of the Coming Quarter (HNZ, JNJ, WMT, MO, PG)

Impressed with Heinz's (NYSE: HNZ) international exposure and ability to grow volumes without resorting to price discounting, Erin Ashley Smith of Argus Research Company considers Heinz a company with investment potential.

Smith, for her part, says she is currently looking favorably at companies that have avoided heavily discounting their products and still managed to grow volumes in the weaker economic environment. "When the economy does return to growth, if you discount too much, it will be difficult to raise prices when the economy recovers," Smith explains. She also prizes companies that have been able to control costs; management teams that have been able to do so have managed to grow margins despite the recent downturn.

-> Read More


There are 0 comments
Please note that comments may take up to one hour before they get published on the site. Please check back later to see your comments.

Post new comment

The content of this field is kept private and will not be shown publicly.