Wednesday, April 08, 2009

The ultimate counter-cyclical asset?

Jelly!! It says so right here!

a snippet:


"we've already seen some phenomenal growth from companies like Green Mountain Coffee Roasters (: gmc), which saw sales in its fiscal first quarter surge 56 percent to $197 million from year-ago levels, while J.M. Smuckers (NYSE: sjm) saw an 84 percent jump in its earnings in its fiscal third quarter.

Smuckers may truly be in the sweet spot of this trend. The company not only makes Smuckers jellies and Jif peanut butter, but it recently bought Folgers coffee, which Smuckers says, could double its annual sales."


If jelly is too expensive, one can always try this (which is probably an even better counter-cyclical asset).

Hat tip to LeBron for the meme!

1 comment:

William Polley said...

What about vegemite? :)