Investors rarely think of restaurant and food stocks as insulated from economic turmoil. However, several companies in this sector pay good dividends and will remain successful if the global economy hits another bump in the road. Let's take a look at which food stocks may be able to protect your portfolio.
H.J. Heinz (NYSE: HNZ ) is an extremely well-known brand with an established presence in first-world economies and a growing influence in emerging markets. We can see that ConAgra (NYSE: CAG ) edges Heinz when judged by virtue of its dividend yield alone, but does that make it a better buy? Kraft (Nasdaq: KFT ) is another direct competitor to Heinz. It makes a variety of packaged food products like condiments, confectionary products, and prepackaged meals.
Source: Motley Fool
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Posted by D4L | Wednesday, August 22, 2012 | ArticleLinks | 0 comments »________________________________________________________________
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