Fresh Del Monte Produce, Inc.
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Betting on This Turnaround With Nearly 40% Upside Potential
By Anh HOANG - April 27, 2013 | Tickers: CQB, DOLE, FDP
Since the beginning of the year, Chiquita Brands International (NYSE: CQB) has experienced some volatility. Its stock price dropped from $8.25 per share to only $6.10 per share in March 4, then it bounced back to more than $7.20 at the time of writing.
Interestingly, in the middle of March, Chiquita’s president and CEO purchased 50,800 shares of the company at an average price of more »
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Get Bullish on This Stock With Donald Yacktman
By Anh HOANG - April 16, 2013 | Tickers: CHRW, EXPD, FDP
Donald Yacktman, the Co-Manager of the Yacktman Funds, is one of the most famous value investors in the world. He is consistently looking for companies with three main characteristics: Good business, good management, and low price. In the first quarter of 2013, Yacktman bought 1.75 million shares of C.H. Robinson Worldwide (NASDAQ: CHRW) at an average price of $61 per share, amounting to a total of nearly $107 more »
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Getting Bullish on CH Robinson With Donald Yacktman
By Anh HOANG - April 13, 2013 | Tickers: CHRW, EXPD, FDP
Donald Yacktman, the Co-Manager for the Yacktman Funds, is one of the most value investors in the world. He is consistently looking for companies with three main characteristics: Good business, good management and low price. In the first quarter of 2013, Yacktman bought 1.75 million shares in CH Robinson Worldwide (NASDAQ: CHRW) at an average price of $61 per share, with a total transaction value of nearly $107 million more »
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A Cheap Commodity Stock with Upside Potential
By Ishfaque Faruk - January 10, 2013 | Tickers: CQB, CORE, DOLE, FDP, SYY
A great long term investment requires a look at a company's business prospects from various angles. In my previous post on Fresh Del Monte (NYSE: FDP), I highlighted why Fresh Del Monte will benefit from struggling competitors, primarily based on its much stronger relative position in the fresh produce space. It operates in a generic agricultural commodity marketplace, however, Fresh Del Monte has separated itself from the pack with more »
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New Rules Could Be Worse, but They Still Aren't Good
By Reuben Brewer - January 8, 2013 | Tickers: CVGW, CQB, DOLE, FDP
The U.S. Food and Drug Administration's rules can throw a ratchet into a company's operations if the agency requires big, expensive-to-make changes. The recent round of deadly food based outbreaks left a big question mark about FDA action. With two proposed rules out for comment, the impact of a shift from a reactionary to a proactive stance may be less serious than feared for some companies, though others are likely to feel a bigger pinch.
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A Juicy Food Company With Room to Run
By Ishfaque Faruk - December 3, 2012 | Tickers: CQB, CORE, DOLE, FDP, SYY
Most food producing companies are usually fairly valued, because of their stable demand/supply characteristics especially during economic downturns. Screening the large universe of food companies, it is often hard to find a good bargain. Fresh Del Monte Produce (NYSE: FDP) happens to have a lot of bang for the buck.
Fresh Del Monte is a leading global producer, marketer and distributor of fruits, vegetables and prepared foods including fresh more »
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Should You Be Greedy When Others Are Fearful?
By Palwasha Saaim - November 26, 2012 | Tickers: CQB, CORE, DOLE, FDP, SYY
Dole (NYSE: DOLE) reported its third quarter earnings last week. The fresh and packaged foods manufacturer missed both earnings and revenue forecasts. The company reported a loss per share of -$0.06, which is a huge miss compared to the EPS of $0.14 that analysts were expecting. Revenues of $1.96 billion also fell short of expected $2.07 billion. Directly after the earnings announcement, the stock plummeted almost more »
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V8 Juice Flavors Rev Campbell Soup and SodaStream's Engines
By Eric Novinson - November 14, 2012 | Tickers: CPB, FDP, MNST, SODA
Sodastream (NASDAQ: SODA) and Campbell Soup (NYSE: CPB) teamed up to offer V8 juice flavors for SodaStream machines, Reuters reports. This deal gives Campbell exposure to a rapidly growing market, addresses an important weakness, and supports the company's overall growth strategy. SodaStream receives an endorsement from a powerful brand name that could help it capture more of the beverage market. This deal looks like a win for both companies more »
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Transition From a Value Trap to a Value Stock
By Palwasha Saaim - September 25, 2012 | Tickers: CQB, DOLE, FDP
The speculation that surrounded Dole's Chairman Board David Murdoch’s hefty insider buying is finally news. We’ve been hearing about the likely spin-off of Dole Foods (NYSE: DOLE) for quite some time. The confirmation of a sell-off came earlier this week when Dole finally officially announced its plans for restructuring. Up until last week, my stance was different. For me, Dole has been a value trap until this more »
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Is Dole Foods a Value Trap?
By Palwasha Saaim - September 10, 2012 | Tickers: CQB, CORE, DOLE, FDP, SYY
He buys it. He buys more of it. And he can't get enough of it. David Murdock, 89 year old CEO and Chairman of Dole Foods (NYSE: DOLE) has recently been seen on a buying spree. Over the last two months, he's amassed millions worth of Dole shares. His latest stock purchase, for which he paid a price of $12.5 apiece (which also happens to be the more »
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Why is This Insider Buying Shares of Dole?
By Soroush Pour - August 14, 2012 | Tickers: CQB, DOLE, FDP, LANC
As the old adage goes, there are many reasons why a corporate insider would sell shares of their company’s stock, but only one, very bullish reason why they would buy. In a financial world filled with uncertainty, insider trading activity can provide a good starting point for further research, and has proven to be a solid market-beating strategy time and time again. Over the past decade, a range of more »
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Inflation Hedge Par Excellence
By Paul Franke - July 9, 2012 | Tickers: CQB, DOLE, FDP, GIS, K
Fresh Del Monte Produce (NYSE: FDP) is a terrific, conservative, food and farmland investment today.