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$50.17 0.97 (1.97%)
7/8/2008 4:02 PM

Kellogg Company (K)

CAPS Rating:
***

The Company and its subsidiaries are engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods.

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Avatar FoxyPicker (< 20) Submitted: 11/21/07 10:13 AM : Outperform Start Price: $52.35 K Score: 6.91

It's that time again -- time to get defensive. K has traded down to the lower extent of its channel, hitting near the low of its historical PE range. It's a good, solid company, and distressed investors recognize its value as a defensive stock as they eat their Corn Flakes before the market opens every morning.

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