Friday, June 23, 2017 10:03:30 AM
Editorial Board | News | June 23rd, 2017
If someone were to ask which types of stocks outperformed all others for the last 50 years, undoubtedly most people would guess that technology, biotech, or energy stocks would be the biggest winners. But shockingly the best performing sector of the S&P in the last 50 years has been Food, Beverage & Tobacco within the Consumer Staple Sector.
So, while many investors continue to hunt for the next Google, Facebook or some other innovative new technology, software or services company, history reminds us that some of the most lucrative returns are generated by companies that service what people will use every day… staple items such as food and beverages.
This information above is good for us: we're in the right stock, the right place, the right time, and the right price. The CEO is working hard on many projects. He has a number of recent successes under his belt such as a multimillion dollar coffee business and the Fernhill spin-off, the first of many dividend offerings to come I might add according to Buzzy. And, with all that Buzzy is working on right now coupled together with a very thin share structure here, only about 500 million in the float and I own 20% of that, this stock is sure to launch into the stratosphere and soon. This share structure just doesn't leave very many shares to feast on when the whales come back and mark this they will come back. Go $VGID.
Happy Friday!
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