A Deep Post-Decline Analysis, Part 2
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To me this over-rotation tells me be careful and I would be a seller of almost all of these stocks, starting with General Mills (GIS), Hormel (HRL), Clorox (CLX), Campbell's (CPB), Colgate (CLP) and Conagra (CAG). Sure, Campbell's could be taken over. The others are just slow growers that, to varying degrees, seem ready to correct. I think if Chavez dies, you would get hurt on a return to higher profitability for Colgate's substantial Venezuelan business, otherwise I think group is certainly not the place to be. (Keep in mind that there are shorts running all over Hain Celestial (HAIN), on lies about its claims to be organic on many products and as much as they are rebuttable, no one seems to care right now and the stock seems headed lower still.
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