How Sweet It Is...
Consumer goods with a strong brand presence often provide investors with great value. The difficulty with purchasing companies that produce brand-name products is that they are often richly valued - and deservedly so. These companies are able to generate a significant amount of cash flow on a relatively small amount of working capital employed. Examples of such companies are numerous - and very well known - including Coca-Cola (NYSE:KO), Hershey Chocolate (NYSE:HSY) and the WD-40 Company (NASDAQ:WDFC).
I believe that another such company that merits investor attention, and a place on an investors watch list, is Tootsie Roll Industries (NYSE:TR). Tootsie Roll Industries - founded in 1896 -...
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