5 Growth Food Stocks
Rick Shea submits:
Food manufacturers continue to post solid earnings growth driven by lower commodity costs. However, for increased profitability to be sustainable, companies need to drive sales growth and increase their long term dollar share in their respective food categories. Having a number one or two share is the best way to drive long term profitability in the food sector.
With that, we have identified our top 5 companies within the supermarket industry that have gained market share over the last two years through sales growth or new acquisitions. We prefer that share gains come through organic growth, but strategic acquisitions can also be very helpful in driving above-average earnings.
Investing, Long Term Investment, stock market | admin March 3, 2010
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