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Strategies & Market Trends : Foot and Mouth....How can we profit?

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To: ms.smartest.person who wrote (43)3/26/2001 10:04:59 PM
From: Razorbak  Read Replies (1) of 75
 
Beneficiary of the Problems in Hoof-and-Mouth Disease...

"CNNfn: Stock Picks by the Pros"

Dan Veru, portfolio manager at Palisades Capital Management recommended two stocks he liked in this market.

"Our favorite stock right now in our portfolio is Smithfield Foods (SFD: Research, Estimates). They are a prime beneficiary of the problems in hoof-and-mouth disease," Veru said. "They are a domestic manufacturer. All the problems of hoof-and-mouth have been in Europe. You can't get on or off a Smithfield farm without very heavy precautions to protect the animals. So that's going to send hog prices up, and since Smithfield grows the hogs and sells them, they're the prime beneficiary of higher prices."


cnnfn.cnn.com

stockcharts.com[l,a]dacly...

Razor

PS - Potential ST long and LT short, perhaps?
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