Gorge on High-Quality Stocks for Holidays
12/24/08 - 08:52 AM EST
With fond memories of Thanksgiving's gluttony still fresh in my mind, I'm looking forward to a feast large enough to satisfy both the eight days of Hanukkah and the 12 days of Christmas. TheStreet.com Ratings model for common stocks has selected a holiday dining menu of "buy"-rated companies with good prospects for the coming year.
The first place to begin the hunt for holiday delicacies is at the grocery store. With ratings at B+, Village Super Market (VLGEA Quote) is approaching a new 52-week high, and Spartan Stores (SPTN Quote) set a new high in November. Two other food retailers, Kroger (KR Quote) and Wal-Mart Stores (WMT Quote) are rated B. When shopping for the ingredients of a good portfolio mix, some of the largest food-product companies made the buy list. For sale now are General Mills (GIS Quote), at B+, and, Archer Daniels Midland (ADM Quote), HJ Heinz (HNZ Quote), Campbell Soup (CPB Quote), Kraft Foods (KFT Quote) and Kellogg (K Quote), all at B-. The commercial banks may have already been visited by Santa Paulson's bailout elves, but the food banks nationwide are running low at a time of real need. So, please pick up a few extra food items to donate at a nearby food bank.




