Del Monte Foods Company (NYSE:DLM)
CAPS Rating:
The Company produces, distributes and markets private label food and pet products for the U.S. retail market.
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The Company produces, distributes and markets private label food and pet products for the U.S. retail market.
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1. More people are preparing food at home. DM is a classic brand name, I think people would choose this over a generic/store brand or higher priced premium brand.
2. Shipping costs are down.
3. Could see a breakout if it passes 200 day MA