Kellogg Company (NYSE:K)
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The Company and its subsidiaries are engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods.
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The Company and its subsidiaries are engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods.
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With the economy down, or in some estimations side-ways, consumer staples are a defensive play and normally go up. This has not been the case for K. With a new 52 week low reached on 11/29 this stock is posed for a rebound, and should outpace the S&P over the next 6 months.