Scalper1 News
Food stocks are seen as defensive plays, but that doesn’t rule out solid growth. Among 197 industry groups, three food groups made the top 10 as of Monday’s IBD. Within the groups are some stocks with decent growth prospects. Brazil’s BRF (BRFS) is expected to show 52% earnings growth when 2014 results are wrapped up. The Street sees 57% growth in 2015. The company provides frozen meat, margarine, pasta, pizza and frozen vegetables to Brazil and Scalper1 News
Scalper1 News