5 Food Stocks Rallying Strongly Now: PEP, KFT, GIS, MJN, CAG

Through early trading on Wednesday, September 21, 2011, these stocks are helping the Consumer/Non-Cyclical (NYSE:XLP) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

PepsiCo Inc. (NYSE:PEP) is one of the top price gainers. Its stock price is $61.54, which is $1.15 (+1.9%) above the previous close of $60.39. PepsiCo, Inc. is a global company that manufactures a variety of salty, convenient, sweet and grain-based snacks, carbonated and non-carbonated beverages and foods.

Stock Price Performance: From June 24, 2011, to September 20, 2011, the stock price had fallen $7.51 (-11.1%) from $67.90 to $60.39. The stock price saw one of its best stretches over the last year between August 10, 2011 and August 17, 2011 when shares rose for six straight trading days, rising 7.1% (+$4.26). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 3.6% (-$2.50).

Shares of Kraft Foods Inc. (NYSE:KFT) are trading at $34.69, up 17 cents (+0.5%) from the previous close of $34.52. Kraft Foods Inc. manufactures and markets packaged food products, including snacks, beverages, cheese and convenient meals.

Stock Price Performance: From August 22, 2011, to September 20, 2011, the stock price had risen 97 cents (2.9%) from $33.55 to $34.52. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight straight trading days, rising 5% (+$1.72). It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 2.7% (-93 cents).

General Mills Inc. (NYSE:GIS) is one of the top price gainers. Its stock price is $38.68, which is $1.19 (+3.2%) above the previous close of $37.49. General Mills, Inc. is the manufacturer and marketer of branded consumer foods sold through retail stores. It also supplies branded and unbranded food products to the food service and commercial baking industries.

Stock Price Performance: From August 22, 2011, to September 20, 2011, the stock price had risen $1.28 (3.5%) from $36.21 to $37.49. The stock price saw one of its best stretches over the last year between August 10, 2011 and August 17, 2011 when shares rose for six straight trading days, rising 5.1% (+$1.78). It saw one of its worst periods between January 20, 2011 and February 1, 2011 when shares fell for nine straight trading days, falling 6.8% (-$2.48).

Shares of Mead Johnson Nutrition Company (NYSE:MJN) are trading at $75.50, up 31 cents (+0.4%) from the previous close of $75.17. Mead Johnson Nutrition Company provides of pediatric nutrition and related products.

Stock Price Performance: From June 24, 2011, to September 20, 2011, the stock price had risen $10.06 (15.4%) from $65.37 to $75.43. The stock price saw one of its best stretches over the last year between June 22, 2011 and July 5, 2011 when shares rose for nine straight trading days, rising 7.5% (+$4.85). It saw one of its worst periods between January 21, 2011 and February 2, 2011 when shares fell for nine straight trading days, falling 6.7% (-$4.10).

ConAgra Foods, Inc. (NYSE:CAG) is one of the top price gainers. Its stock price is $23.12, which is 13 cents (+0.6%) above the previous close of $22.99. ConAgra Foods, Inc. is a food company that supplies frozen potato and sweet potato products, as well as other vegetable, spice, and grain products to restaurants, foodservice operators and commercial customers.

Stock Price Performance: From July 25, 2011, to September 20, 2011, the stock price had fallen $3.03 (-11.6%) from $26.02 to $22.99. The stock price saw one of its best stretches over the last year between August 10, 2011 and August 16, 2011 when shares rose for five straight trading days, rising 4.5% (+$1.03). It saw one of its worst periods between July 26, 2011 and August 4, 2011 when shares fell for eight straight trading days, falling 7.7% (-$2.01).

 

More from The Cheat Sheet