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Nestle (NSRGY-OTC)
58 watching
OTCMKTS:NSRGY
119.20
1.09
(0.92%) 1d
Financials
Technical Analysis
Jun 8, 2023, 8:00 pm
0
DON'T BUY
NSRGY vs. UL Two quality names that have performed well over time, but relatively expensive. He prefers Danone, #1 in both dairy and plant-based, cheaper. Over the last decade, Danone has maintained its #1 position but has lost market share, stock's not up at all, slow to innovate. UL has outperformed Danone in the past decade. Real catalyst is new CEO who's made sweeping changes that will boost top and bottom line growth.
food processing
$117.490
Unknown
TOP PICK
Can pass through inflation costs. Rising dividend. Headquartered in a safe haven. Acquisitions have worked out. (Target price is in CHF.) Yield is 2.45%. (Analysts’ price target is $127.40)
food processing
BUY
The USD has had a fantastic run, so why not buy these European companies that have so much of their sales in the U.S. You get them at a discount now, so they'll have the wind at their banks for the Euro and Swiss franc turn around against the dollar. He predicts a 5% lift in forex in the next 6-8 months. These companies have great balance sheets and cash in sectors that are global.
food processing
BUY
It's a global giant. 50% of sales are in the US, and it's trading a discount to peers. This is on his capitulation list. A great trading name.
food processing
BUY
NSRGY vs. UL Prefers Nestle. Buying the leader is often better than buying the catch-up trade. Nestle is holding or gaining market share in 60% of its categories. Exposed to high growth areas like pet food, nutrition, and coffee. UL is challenged. Mature consumer staples businesses are trying to hold onto market share, revenue growth isn't great, financial engineering helps the bottom line.
food processing
BUY
NSRGY vs. UL He owns Nestle, reporting very good numbers and very good organic growth. The business itself is very good. Basically, it's a consumer tax. The premier story. He continues to buy for new clients. UL has been a relative underperformer, though with potentially more upside.
food processing
HOLD
A new high today. A big food conglomerate. A drought and taking care of farmers is in the past. He prefers a different chocolate producer that works with farmers to give them a decent wage, and does not have governance issues. The dividend growth has not been all that high over recent years.
food processing
DON'T BUY
A fine company he has owned. He exited months ago. It's defensive, so it won't do well in an improving economy. That said, we may be a recession, but recessions always end, and market discount the end of a recession 3-6 months in advance, probably ending June 30 or Sept. 30. Therefore the market needs to bottom in coming months. To get exposure in an improving economy, it's too early to enter this. But this is worth looking at. You need to own defensives, not just tech. Costoco is more offensive, which he prefers over Nestle, among consumer staples.
food processing
BUY ON WEAKNESS
Track record very good. Huge run last year. Only issue is sheer size. Higher weighted stocks get both positively and negatively impacted in ETFs. So you may get a better entry point. Great company. Good story long-term. Yield is 2.6%.
food processing
HOLD
The challenge of this one is what entry level do you pick? He owns it and continues to like it. It owns skin care and pharma interests, that represent 10% of the company value that may be sold off one day. He thinks this is a solid global consumer holding.
food processing
DON'T BUY
It is a defensive issue with defensive growth. He exited over the last quarter as he thought people would use this as a source of cash. It is one of the best run consumer good companies in the world.
food processing
DON'T BUY
He prefers Lindt than Nestle. Nestle's yield is not growing dividends more than inflation. He wants to see dividend growth of around 10-15%. He would not be a buyer here.
food processing
HOLD
On a 3-5 year time horizon you would be safe to hold it. Consumer staples have had a good run this year. He could see a 3-5% pullback in the consumer space, however. A good blue-chip dividend payer and grower. It trades at about 20 times earnings, but its earnings are growing at about 10%.
food processing
BUY
They had a phenomenal year last year. It's a company you can buy and put it away. A good staple with steady growth. They are looking to reinvigorate the product lines. They also own L'Oreal and other indirect stakes that are great.
food processing
BUY ON WEAKNESS
It is a world class spectacular company but the problem is valuation on slow growth mature companies. Even with share buybacks over the next few years that will not have that big an impact. You need to buy at prices that give you more upside.
food processing
Nestle(NSRGY-OTC) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
Nestle(NSRGY-OTC) Frequently Asked Questions
What is Nestle stock symbol?
Nestle is a American stock, trading under the symbol NSRGY-OTC on the US OTC (NSRGY). It is usually referred to as OTC:NSRGY or NSRGY-OTC
Is Nestle a buy or a sell?
In the last year, 2 stock analysts published opinions about NSRGY-OTC. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nestle.
Is Nestle a good investment or a top pick?
Nestle was recommended as a Top Pick by on . Read the latest stock experts ratings for Nestle.
Why is Nestle stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Nestle worth watching?
2 stock analysts on Stockchase covered Nestle In the last year. It is a trending stock that is worth watching.
What is Nestle stock price?
On 2023-06-08, Nestle (NSRGY-OTC) stock closed at a price of $119.2.
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