Today, Christine Poole commented about whether SPGI, MDLZ, FTS.TO, CTC.A.TO, STN.TO, SU.TO, BIP.UN.TO, LULU, PPL.TO, ENB.TO, TRP.TO, ATZ.TO, DLTR, BCE.TO, GOOG, NA.TO, QCOM, SHOP.TO, BEP.UN.TO, NPI.TO, NVST, MRK, PFE, WSP.TO, ARE.TO, MRNA are stocks to buy or sell.
#1 global share in biscuits. #2 in chocolate, and growing its share. Very little private label competition in biscuits and chocolate, huge brand loyalty. A name to own for the decade. Increased both prices and volume. EM is higher growth, but cyclical. Divesting and redeploying capital. Raised EPS guidance to 12% YOY. Reasonable multiple. Yield is 2.38%.
(Analysts’ price target is $82.44)