Gorge on High-Quality Stocks for Holidays
Kevin Baker
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) is approaching a new 52-week high, and
Spartan Stores (SPTN) set a new high in November. Two other food retailers,
Kroger (KR) and
Wal-Mart Stores (WMT) 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), at B+, and,
Archer Daniels Midland (ADM),
HJ Heinz (HNZ),
Campbell Soup (CPB),
Kraft Foods (KFT) and
Kellogg (K), 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.
You are definitely going to need some beverages to wash down all this food. TheStreet.com Ratings model of common stocks recommends a tall, frosty beer from
Molson Coors Brewing (TAP) or your choice of Coke, Pepsi or Shasta soft drinks from
Coca-Cola (KO),
Pepsico (PEP) and
National Beverage (FIZZ). All of those beverage companies are rated B-.