Groupe Danone (ADR) (NASDAQOTH:DANOY.PK)
CAPS Rating:
A food company, which produces fresh dairy products, biscuits, cereal products and packaged water.
A food company, which produces fresh dairy products, biscuits, cereal products and packaged water.
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Danone is the maker of Dannon yogurt as well as other grocery items. They have new yogurt products that are meant to boost the immune system though probiotics. I think this is a mainstreaming of what up to now has been considered more alternative. I think this will continue to be a story. It's got a PE of 39 and some longterm debt, but it's a big company.