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7 pts

Opinion on  SARA LEE CP (SLE)     Sector: Consumer/Non-Cyclical  >  Industry: Food Processing
Bullish on SLE ...

Jul 24, 2009 10:26 AM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Don't look now, but Sara Lee (SLE) is up about 20% in the past month. People gotta eat, and, thanks to the recession, they're opting to eat at home more often. SLE reports earnings on Aug. 12, and analysts expect earnings per share to be 5 cents less than a year ago. Last quarter, the company blew out the estimate by nearly 40%. With sentiment mixed (only a third of analysts rate the shares a "buy"), another beat this quarter should keep the rally intact.

SLE:  This call was made on 07/24/09 @ $10.83
Rating:   Positive   $10.83 (07/24/09)
Gain/Loss:   +15.33% in 122 days


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