Diamond Foods, Inc.
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This Small Cap Food Business is Still Quite Expensive
By Anh HOANG - June 13, 2013 | Tickers: CAG, DMND, MDLZ
Diamond Foods (NASDAQ: DMND) has experienced the gain of as much as 8% to hit $17.50 per share after reporting impressive earnings results, which beat both top line and bottom line estimates. In the first quarter 2013, investment guru Mario Gabelli bought 278,000 shares of the company. Let’s take a close look to determine whether or not we should invest in Diamond Foods after its impressive third more »
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Investors Have Been Going Nuts Over This Stock
By Mark Yagalla - June 13, 2013 | Tickers: DMND, K, PG
Diamond Foods (NASDAQ: DMND) has not been kind to its shareholders over the past two years. The company's shares have collapsed since hitting a high of over $90 in September 2011. An accounting scandal cancelled the planned merger between Diamond Foods and the Pringles division of Procter & Gamble (NYSE: PG) when the company was forced to restate earnings results. However, Diamond Foods just hired a new CFO, and shareholders more »
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Snack Food Business Poised for Higher Profitability
By Ted Cooper - March 14, 2013 | Tickers: CAG, DMND, PEP
Turnarounds are one of the most difficult situations to consistently make profitable investments in because the outcome is always uncertain. However, investors who can successfully bet on a turnaround prior to the market realizing the company's progress can make a boatload of money.
One potential turnaround that has received significant scrutiny from investors is that of Diamond Foods (NASDAQ: DMND). Diamond's stock plummeted after its Q2 earnings report more »
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Consumer Stocks Poised to Rise as Economy Improves
By Jacob Wolinsky - March 12, 2013 | Tickers: DF, DMND, CLX
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You can also check out ValueWalk Premium, where we analyze liquid stocks, which have little to no analyst coverage.
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Billion Dollar Hedge Fund Bullish on Gas in 2013
By Meena Krishnamsetty - March 4, 2013 | Tickers: APC, AVP, DMND, MIC, TROX
Like anything in life, formulating a successful investment strategy requires focus. At Insider Monkey, we've found that historically, by focusing on the best stock picks of the best hedge funds, retail investors have been able to beat the market. Our small-cap strategy beat the market by 18% a year for more than a decade in our back tests, and since we started sharing this strategy with the public, it more »
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Is It Time For Investors To Snack On Diamond Foods?
By Marshall Hargrave - February 21, 2013 | Tickers: DMND, GIS, K, MDLZ, PG
The nut company, Diamond Foods (NASDAQ: DMND), saw its stock fly up over 15% earlier this month after a filing with the SEC showed that BlackRock held a 7.85% stake in the snack food company. With the investment firm giving Diamond such a vote of confidence, is it time for investors to have a look at the company? Quite possibly so.
The stock is still down 30% over the more »
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Are these Monday Movers Going Higher?
By Brian Nichols - February 11, 2013 | Tickers: CLSN, DMND, LNKD, SPWR
Typically, it doesn't take a lot for a stock to trade with gains of more than 5% in a session; it can be caused by an analyst's remarks, sometimes it's caused by earnings, or maybe it’s just a technical rally. Sometimes the moves are warranted and other times they are not. Therefore, I am looking at several moves higher to determine if the stocks are presenting more »
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This Stock Looks Attractive
By Himanshu Poddar - January 1, 2013 | Tickers: CAG, DMND, GIS
In the prevailing economic environment where people are finding it difficult to survive the impending crisis, companies which provide the lowest rates as well as innovative products tend to win. Though there is a section of people who don’t mind splurging on branded products at any point of time, there is a large section of customers who are greatly influenced by price and promotions.
This is what is understood more »
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Is It Healthy To Snack On This Company?
By Himanshu Poddar - December 26, 2012 | Tickers: CAG, DMND, JJSF
Things have been looking better as the economy has been recovering. There are good numbers coming in from the housing sector as well as retail. People have started opening up their wallets and have started spending on luxury. Moreover, companies in the retail space have been looking forward to the holiday season where they can make most of their money, and the food industry is no exception.
Food retailers have more »
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Will This Stock Bounce Back in 2013?
By Shweta Dubey - December 22, 2012 | Tickers: DMND, GIS, K
Diamond Food (NASDAQ: DMND), a popular snacks maker, is facing a tough time and is losing its shine because of the accounting scandal and resultant loss in the fourth quarter. The company’s stock is currently trading at ~$14 which is down 56% year to date. It seems the company has a tough road ahead and will take time to come back on track. The probe into its accounting irregularities more »
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Why Does Jamie Zimmerman Love This Food Stock?
By Meena Krishnamsetty - October 3, 2012 | Tickers: DMND, K, LNCE, HSY
In a 13G filing last week, Litespeed Management LLC announced it had increased its stake in the snack food company Diamond Foods (NASDAQ: DMND) by 25%, bringing their total ownership to 1.7 million shares—equaling 7.7% of Diamond Foods’ outstanding shares. Litespeed first took its initial position of 1.4 million shares during the second quarter. Managed by Jamie Zimmerman, Litespeed is an event-driven hedge fund focusing on more »
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A Dismal Investment Decade Plus Two
By Meryl Baer - August 3, 2012 | Tickers: AAPL, DMND, GMCR, SBUX
It is getting redundant and boring to continually describe the stock market as volatile. But that is what it is and has been for months, if not years.
Stock market volatility is probably the key word of the twenty-first century investment world to date. Additional words describing the markets over the past decade plus two years are down dog (I know, that is also a yoga term), flat, horizontal, depressed more »
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Time to Pick Up the Pieces?
By Jonathan Yates - July 11, 2012 | Tickers: BBRY, CHK, DMND, GMCR, NOK
Everybody likes a good story of redemption. Particularly when it entails buying a formerly high flying stock after it has nosedived; and then profiting from when it takes off again. Green Mountain Coffee Roasters (NASDAQ: GMCR), Chespeake Energy (NYSE: CHK) and Diamond Foods (NASDAQ: DMND) are starting to move in that direction.
As with every light on Broadway, any stock that falls is a tale of heartbreak and woe for more »
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The Only Reason to Invest
By Nikhil Shamapant - July 10, 2012 | Tickers: AAPL, DELL, DMND, ISCA, OPEN
The True Purpose of a Business is...
To produce earnings for its owners. As owners put in the capital and take on the business risk they deserve to reap the rewards of a business's success. That’s the inherent reasoning of owning a stock, and it’s something that many companies ignore even as they say they are “seeking to create long-term shareholder value.”
Since the goal of a more »
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Nuts and Bots - A Tale of Two Companies
By Karl Hartkopf - March 23, 2012 | Tickers: DMND, IRBT
(Editors Note: A previous version of this post stated that Diamond Foods' former CEO and CFO were fired due to an accounting fraud. The company's audit committee findings did not determine that fraudulent misconduct was committed by either executive, and the SEC and Justice Department cases are ongoing. The post has been corrected to reflect this information.)
It seems appropriate, only a month since Charles Dicken's 200th birthday more »
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Most Shorted Stocks #1 – Diamond Foods
By Chad Henage - February 29, 2012 | Tickers: CAG, DMND
Diamond Foods has gotten a lot of press recently, about its failed acquisition of the Pringles brand from Procter & Gamble. Its certainly possible the reason it ranks as the number one most shorted stock, is because of arbitrage plays. If that is the case, one would expect the arbitrageurs to unwind their position, which could give a nice lift to the stock. Let's see what is going on with Diamond Foods, beyond the failed Pringles acquisition.
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What’s up with that P&G Pop?
By Matthew DiLallo - February 27, 2012 | Tickers: DMND, SJM, K, PG
Last week I pondered whether I was taking too big of a Gamble on Procter and Gamble (NYSE: PG) by replacing my few shares with a diagonal call. My thesis was that P&G would be a steady, slow growth stock and an ideal candidate for this options trade. Less than a week later, the shares popped over 3% and I’m back to find out why and then reconsider more »
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Kellogg + Pringles = Success
By Arthur Pinkasovitch - February 17, 2012 | Tickers: KO, DMND, K, PEP, PG
Everyone loves Pringles! Kellogg (NYSE: K), however, loves Pringles more than the average chip enthusiast. In a recent move to expand its snack business Kellogg made a $2.7 billion cash bid to purchase the chip division from Procter and Gamble (NYSE: PG). Known for its wide assortment of cereals such as Special K, Corn Flakes and Rice Krispies, Kellogg is further diversifying its business to operate with a sales more »
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Kellogg Nets a Tasty Deal
By John Casteele - February 15, 2012 | Tickers: DMND, GIS, K, PEP, PG
Warning: Don't read the following on an empty stomach... you may end up with the munchies.
In a move that has already started a feeding frenzy on Wall Street, Kellogg Company (NYSE: K) has agreed to buy chip-maker Pringles from Procter & Gamble Co. (NYSE: PG). Kellogg, producer of Keebler cookies, Eggo waffles and a variety of other snacks and breakfast items, will pay $2.7 billion for the chip more »
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Once You Pop, the Fun Can Stop
By Andrew Dillard - February 15, 2012 | Tickers: DMND, K, PG
Poor, poor Diamond Foods (NASDAQ: DMND). It has been an especially tough several months for them. Diamond’s hard times started late last year with the apparent suicide of one of their long-time board members. A string of bad news followed, culminating with the release of Diamond’s CEO and CFO over their handling of an accounting error that resulted in Diamond Foods having to restate their financials. While all more »