20 'Bathwater Babies' and 0 'Dogs with Fleas' for the Week [View article]
Nice to see Cott Beverages on the list with strong fundamentals. The street was betting it would continue to lose money in the first quarter but - surprise - it made a profit for the first time in seven quarters. Why? Consumers turned to private-label sodas to put on their kitchen table during the recession. I'm predicting more of the same. Buffet says unemployment will reach 10 per cent before long, and all those people - and many of the rest - are going to be eating private label this year. I suggest Cott going from 65 cents to $5.30 in a matter of weeks is one of the best stories of the year.
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20 'Bathwater Babies' and 0 'Dogs with Fleas' for the Week [View article]