Perdigao S.A. (ADR) (PDA)

Brazil is currently estimated to have a population of 198,739,269…(why the CIA calls a number like this an estimation boggles my mind, but any who). This is to be matched with a birthrate that is equal to 18.43 births/1000 people. Matched with the death rate and immigrant/emigrant rates Brazil has a growth rate of 1.199%.
So now that you know all of that stuff, let me tell you why it is important to Brasil Foods S.A. (PDA). PDA is the single largest domestic producer of food for Brazil. BRF - Brasil Foods S.A., through its subsidiaries, engages in the production and sale of poultry, pork, beef cuts, milk, dairy products, and processed food products in Brazil and internationally. PDA is producing food for a rapidly growing country, and anything that the Brazilians don’t eat gets shipped abroad for increased sales/revenue.
PDA currently has cash reserves around $526 million and a current debt load of $1.3 billion, although this isn’t the greatest thing you have ever read, I believe that this company will begin to make headway into its debt while maintaining this strong cash reserves. In terms of earnings, once again nothing pretty since it lost $1.12/share, but this has been a bad year for earnings globally and the current estimations for the earnings of the last quarter are positive as well as positive earnings estimation for the entire 2009 year. The estimated earnings for 2009 and 2010 are 1.31 and 3.05 respectively, so with this number you are looking at a 232% growth for the next full year.
Outside of this, PDA has currently been a tear. If you look at its charts for the last 6 months there has been steady growth in the share price, so you may want to wait for a pullback, or just jump in right away, but be weary of profit takers who may sell off and lower the price a bit. The company is currently above its 50 day simple moving average and has been so since April 1st, 2009.