Consumer Sector Ideas

[gfp927z]

Brazil Foods -- >>> 10 food stocks with tasty potential


Jim Jubak

6-14-13


http://money.msn.com/stock-broker-guided/10-food-stocks-with-tasty-potential



BRF


BRF (BRFS) is Brazil's second-largest food company by revenue and the 10th largest food company in the world.

In the first quarter, this producer of poultry (34% of sales), pork and beef (9%), dairy (9%) and processed products (40%) grew revenue by 14% year over year.

But what puts this company on this list is the 31% growth in exports. (Exports make up 43% of company sales.) The company owns two of the best brands in Brazil, Sadia and Perdigao, and one of the few nationwide refrigerated distribution systems.

Like all Brazilian stocks, this one has sold off in the current retreat in the São Paulo market, with the New York-traded ADRs down 12.2% from May 14 through June 12.

The ADRs trade at 21.9 times projected 2013 earnings per share.

<<<