Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Candy companies benefit the most from Halloween. Hershey Foods (HSY) is the large chocolate and confectionery company which is known for its Hershey Bars. The stock sports a trailing P/E ratio of 24, forward P/E ratio of 20, and pays a decent yield of 2.1%. Latest quarterly earnings were reported up 4.4% on a 6.1% rise in revenues.
Tootsie Roll Industries (TR) makes all kinds of candy for trick-or-treaters including Tootsie Rolls, Tootsie Roll Pops, Caramel Apple Pops, Charms, Blow-Pops, Blue Razz, Zip-A-Dee Pops, Cella's, Mason Dots, Mason Crows, Junior Mint, Charleston Chew, Sugar Daddys, and Sugar Babies. The stock has a P/E ratio of 36 and a yield of 1.2%. Quarterly earnings spiked 15.8% on a 3.1% boost in sales.
Netflix (NFLX) may be the primary beneficiary of the demand for horror films. The company has a significant number of scary motion pictures available for your viewing pleasure. The stock trades at 38 times trailing earnings and 73 times forward earnings. Quarterly revenues were up 12.8%, but earnings tanked by 91%. The company has 14.65 per share in cash. The stock does not pay a dividend.
The leading producer and distributor of scary movies is Lions Gate Entertainment (LGF). The company has made has made such films as American Psycho, Ginger Snaps, Route 666, The Devil's Rejects, House of the Dead 2, Saw VI, See No Evil, The Evil Woods, My Bloody Valentine 3D and many others. The company has a forward price to earnings ratio of 12, with revenues rising by over 80% for the latest quarter versus the same quarter last year.
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If you like interesting stock lists, such as casino stocks, cloud computing stocks, birth control stocks, coffee stocks, and China stocks, check out WallStreetNewsNetwork.com.
Disclosure: Author did not own any of the above at the time the article was written.
By Stockerblog.com
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.