10 Food Stocks You Should Follow
China Marine Food Group, Yuhe International, China New Borun, Feihe International, Zhongpin, Inventure Foods, Pilgrim’s Pride, Tyson Foods, General Mills and Kraft Foods are food stocks with up to 172% upside, based on analysts’ consensus estimates of 12-month price targets.
According to the Food and Agriculture Organization, food prices witnessed unprecedented spikes worldwide in the last year. The FAO Food Price Index rose 37% since March 2010. Analysts do not foresee any reprieve from the present levels.
Given this scenario, the following 10 food stocks offer attractive returns. With analysts’ buy ratings of 25%-100%, these 10 food stocks are expected to have a mean upside value of 63% over the next 12 months, according to analysts polled by Bloomberg.
The 10 stocks listed here are ordered from high to highest, based on potential upside.
Read more at The Street
The true value of anything is based upon food.
One cannot eat gold or silver, paper money is a system used to barter for goods, and the most important good is food. I first learned this reading Alan Watts. In recent years the movie industry proved most effective in showing how useless most products are in reality when a crises strikes mankind . Food is more important than anything. Security and shelter follow behind, and last is medical products. Everything else is a luxury!