Tasty Thanksgiving Stocks

by Fred Fuld III

Thanksgiving is November 28, less than a week away. There are a few stocks that can benefit from Thanksgiving. Here are several examples:

If you are looking for a turkey company (I don’t mean that in a negative way, I mean it in a food way), Tyson Foods (TSN) sells Hillshire Brands turkeys. The stock has a trailing price to earnings ratio of 16 and pays a dividend yield of 1.9%. The annual dividend payout was recently increased by 12%.

Campbell Soup (CPB) sells Pepperidge Farm stuffing. Campbell has a trailing P/E of 67 and a forward P/E of 18 and has a yield of 3.0%.

ConAgra, Inc. (CAG) sells Marie Callender’s pumpkin pie. The stock trades at 20 times trailing earnings and 12 times forward earnings and yields 3.0%.

Kraft Heinz (KHC) sells Heinz Gravy and Stove Top Stuffing. It has a forward P/E of 12 and pays a generous yield of 5.15%.

Other Thanksgiving stocks  include Hormel (HRL) which sells the Jennie-O brand of turkeys, Constellation Brands (STZ) which produces Mondavi wine and many other wines, and Lifetime Brands (LCUT) which makes KitchenAid utensils.

So now it’s time to get stuffed and you get to talk turkey to all your relatives, and maybe even getting a dressing down from some of them. Time to make a little gravy with some Thanksgiving stocks.

Hoping you all have a Happy Thanksgiving!

 

Disclosure: Author didn’t own any of the above at the time the article was written.

The Top Thanksgiving Stocks

by Fred Fuld III

It’s almost that time again to get stuffed! A time when you get to talk turkey to all your relatives, and maybe even getting a dressing down from one of them.

OK, enough with the puns. Time to make a little gravy with some Thanksgiving stocks.

Thanksgiving is November 22. There are several companies that will benefit from the Thanksgiving holiday. Here are some examples:

Tyson Foods (TSN) sells Hillshire Brands turkeys. The stock has a trailing price to earnings ratio of 7 and a forward P/E of 10. It pays a yield of 1.95%.

Campbell Soup (CPB) sells Pepperidge Farm stuffing. Campbell has a forward P/E of 15 and has a yield of 3.8%.

ConAgra, Inc. (CAG) sells Marie Callender’s pumpkin pie. The stock trades at 16 times forward earnings and yields 2.4%.

Kraft Heinz (KHC) sells Heinz Gravy and Stove Top Stuffing. It has a forward P/E of 13.5 and pays a generous yield of 4.9%.

Other Thanksgiving stocks  include Hormel (HRL) which sells the Jennie-O brand of turkeys, Constellation Brands (STZ) which produces Mondavi wine and many other wines, and Lifetime Brands (LCUT) which makes KitchenAid utensils.

Happy Thanksgiving!

How Many Turkey Stocks Can You Name? The Thanksgiving Stock Portfolio

In just a few days, it will be time to give thanks and eat turkey. There are many companies that will benefit from the Thanksgiving holiday. How many of these stocks can you name? Here are a few to get you started.

Tyson Foods (NYSE:TSN) Hillshire Brands

Campbell Soup (NYSE:CPB) Pepperidge Farm stuffing

ConAgra, Inc. (NYSE:CAG) Marie Callender’s pumpkin pie

Kraft Heinz (NYSE:KHC) Heinz Gravy, Stove Top Stuffing

Hormel (NYSE:HRL) Jennie-O brand of turkeys

Martha Stewart Living Omnimedia, Inc, (NYSE:MSO) wine and cookbooks

Constellation Brands (NYSE:STZ)  Mondavi and many other wines

Lifetime Brands (NYSE:LCUT) KitchenAid utensils

Happy Thanksgiving!

Stock Market Holidays and Hours

With Thanksgiving and Christmas coming up, you may be wondering what days the stock market is closed and open, and what days have limited hours.

Here they are:

11/23/16     Day before Thanksgiving     Normal hours

11/24/16     Thanksgiving     Closed

11/25/16     Day after Thanksgiving     Stock market closes early at 1pm EST

12/23/16     Business day before Christmas (Friday)     Normal hours

12/25/16     Christmas     Sunday

12/26/16     Christmas observed (Monday)     Closed

12/30/16     Business day before New Years (Friday)     Normal hours

1/1/17      New Years Day     Sunday

1/2/17     New Years Day observed (Monday)     Closed

1:15 p.m. closing for eligible options on Friday, November 25, 2016

How to Invest in Thanksgiving

turkeyAmericans are expected to spend over $1 billion on turkeys for this Thanksgiving on Thursday, November 24, according to new research by personal finance comparison website finder.com . With that much money going towards this holiday, several companies are bound to benefit.

One of the best ways is to look at the turkeys. Turkey is the number one dish served for Thanksgiving dinner. There are several turkey producers in the US, a few of which are owned by publicly traded companies.

Butterball is the largest, but unfortunately, you can’t invest in it because it is privately held.

The second largest is Jennie-O Turkey Store, which is owned by Hormel Foods (HRL). The stock trades at 23 times trailing earnings, 21 times forward earnings, and pays a yield of 1.6%.

Hillshire Brands is another top turkey producer, which is owned by Tyson Foods (TSN). Tyson has a trading price to earnings ratio of 14 and a forward P/E of 11. It pays out a dividend rate of 0.9%.

The Oscar Mayer division of Kraft Heinz (KHC) is also a turkey producer in the top ten. The stock trades at 37 times earnings and yields 3%.

Hopefully, your stock portfolio will provide you with a Happy Thanksgiving!!!

Disclosure: Author didn’t own any of the above at the time the article was written.