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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.110-1.1%1:56 PM EST

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To: richardred who wrote (4161)3/8/2018 12:57:31 PM
From: richardred  Read Replies (1) of 6155
 
Sold out of weighted MNTX today (Portfolio Diversification). It was a nice ride with maybe more to come. However The food space to me seems compelling. A very untimely depressed space that has almost taken the place of the once untouchable retail trade. The space has taken on the scenario of likely being crushed by Amazon. Although not many in the space are necessarily values by historical PE numbers. Many Analysts are wary of slow growth, in traditional brands, along with mediocre earnings and higher costs. IMO this has put a cloud over the sector in general. I see value in certain depresses stock prices & brand names. I have now this sector as my weighted sector. It just might be I'm a glutton for more punishment in the sector, but I generally like going against the grain of analysts.

Bought some OOTM HAIN leaps & BGS leaps today on the downgrade. Added to CECE on the earnings miss and loss for the QTR.

P.S.
CPB will now be my tracking stock on this board. How can a food company get slow growth back on track. I'm a little biased. IMO the packaging & portion control can play a big roll.

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