10. Kraft Foods ( KFT) manufactures and markets packaged food products, including biscuits, beverages, cheese, convenient meals and packaged grocery products. Kraft Foods reported a 30% increase in net revenue for fourth-quarter 2010 to $13.8 billion, including a 26.2% impact from the Cadbury acquisition. Net revenue in North America rose 12.2%, European revenue surged 29%, while revenue from developing markets jumped 74%. Operating income in the fourth quarter grew 2.2% to $1.240 billion. During 2010, the company's sales increased to $49.2 billion, up 27% from 2009. Gross profit margin expanded 40 basis points to 36.4% during the same quarter. Net income improved 36% to $4.1 billion in 2010. The company expects organic net revenue growth of at least 5% and operating EPS growth of 11%-13% in 2011. Analysts foresee 9% upside for the stock in the next one year. The stock is trading at 14.2 times its estimated 2011 earnings.
Shares of China Marine Food Group (AMEX:CMFO) have taken a tremendous swing upward. The stock is trading at $1.72 as of 3:55 p.m. ET, 20.3% above Monday's closing price of $1.43. Volume is at 226,852, 3.3 times the daily average of 68,200.
Shares of China Marine Food Group (AMEX:CMFO) have taken a tremendous swing upward. The stock is trading at $3.02 as of 9:31 a.m. ET, 24.8% above Tuesday's closing price of $2.42. Volume is at 6,626, zero times the daily average of 138,100.