Shares of Post Holdings (POST) ("Post" or "the company") are offering investors an attractive entry point after giving up 20% of its market value over the last couple of months. While an investment in a boring breakfast cereal business may seem a bit prosaic to some investors, this business should benefit from a number of recent accretive transactions and from renewed investor demand should market volatility ratchet up at the prospect of government shutdown fears, causing investors to refocus on defensive businesses.
(click to enlarge)
Post is a storied franchise in the United States, owning a collection of well-known cereal brands.
After Post's spin-off in early 2012 from Ralcorp [which was recently bought out by...