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Zacks Industry Rank Analysis Highlights: General Mills, J.M. Smucker, Kellogg Co., Corn Products International and Nestle S.A.

Publication: Business Wire
Publication Date: 10-JUL-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
http://www.profit.zacks.com/

CHICAGO -- Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include General Mills (NYSE: GIS), J.M. Smucker (NYSE: SJM), Kellogg Co. (NYSE: K), Corn Products International (NYSE: CPO) and Nestle S.A. (OTC: NSRGY).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

This Week: Q2 Earnings: Food Is Good

With the market being topsy-turvy as of late, consumer staples stocks are coming back into vogue.

The appeal of these stocks is their more stable business models and lower beta. What should really attract you, however, are the rising earnings estimates - particularly for food companies.

During the past 4 weeks, 47 full-year forecasts have been raised on companies within Food-Miscellaneous/Diversified, while only 8 have been cut.

The positive revisions have come on the heels of 2...

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