iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,598 Blog Posts

Food and Beverage Stocks Eating the Bears

Food and beverage stocks rip higher, when prosperity springs. There have been studies done, none available to me at the present, that draw a correlation between beverage consumption and wealth creation. Basically, people drink more soda pop when they have money to burn. When poor, they’re more likely to drink water out of a dirty lake.

Today, many of the food and beverage stocks are “homo hammering” the bears, into small pancakes.

On the top of my list is [[HANS]]. I know the stock has been a serial underperformer. However, keep in mind, their problems have nothing to do with end user demand. It’s the rise in their input costs that is killing their margins.

Here is a short list of food and beverage stocks worth monitoring:

[[DPZ]], [[JMBA]], HANS, [[CALM]], [[GAP]], [[WBD]], [[MSSR]], [[DPS]], [[JSDA]], [[CMG]], [[PEET]], [[BAGL]], [[TXRH]], [[ABV]], [[NAFC]] and [[NATH]].

In short, we’re fucking rich again. Go get drink and eat yourself into a stupor—you fat slobs.

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8 comments

  1. Green Writer

    food and bev. are also stocks for a recession!
    With obesity as our primary health problem it is no wonder they are doing well.

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  2. gappingandyapping
    gappingandyapping

    I hate you all! Elevator down now!

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  3. TraderCaddy

    A typical converstaion between Wall Street traders: Okay oil is up so lets bail on big tech and go back to commodity stocks. Reverse everything we did two days ago. Next week we will reverse again.

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  4. The Fox

    What do you guys think of the run in retail? I shorted Coach today on the “positive” news. I might live to regret it, but I just can’t see $400 handbags being the hot commodity right now. Any opinions?

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  5. Granpa

    Timely development:
    S+P downgrades Ambac and MBIA
    Who pays for shit like that?

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  6. Crude Broker

    Check out OME, I know the guy who hedges their fuel for their trucks and aircraft. He is saving them a ton of money in that aspect and they have a grip on the fish oil market. Think ag and commodity play.

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  7. sdip

    Another one to check out is hogs

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  8. Hammer

    Perfect timing for the food and beverage trend. I’m giving up this douche bag of a market and will be selling apples out of the trunk of my car.

    Got to run and plant that apple tree.

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