Christine Poole
Cadbury PLC
CBY-N
TOP PICK
Jul 21, 2009
Confectioneries including gum, chocolate and candy. Likes category because private labelling is very low in confectionery so margins are sustainably higher than in other packaged food groups.
(A Top Pick July 21/09. Up 28.8%.) Kraft Foods (KFT-N) would like to acquire them so stock has gone up. Others are also interested so there may be higher bids.