Halloween stocks offer investors a chance at financial treats - Blogging Stocks

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Halloween stocks offer investors a chance at financial treats
Oct 30, 2009 07:40 PM UTC

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Filed under: Earnings reports, Forecasts, Products and services, Consumer experience, Wal-Mart (WMT), Netflix, Inc. (NFLX), Target Corp. (TGT), Hershey Co (HSY), Costco Wholesale (COST), Hormel Foods (HRL), Kraft Foods'A' (KFT), DJIA, Stocks to Buy, Recession

Halloween, though not the blockbuster holiday that Christmas is, still results in some additional spending on the part of consumers as they stock up on candy and costumes, and maybe take in a scary movie or two. With those treats in mind here are some stocks that may give investors sweet dreams -- and hopefully not nightmares.

As is well known, candy is all the rage at Halloween, and among the largest candy stocks are Hershey Co. (NYSE: HSY) and Cadbury PLC (NYSE: CBY). Last week, Hershey reported third-quarter earnings rose 30% despite weaker volumes affected by higher prices for its sweets. Last year's numbers also included special charges. Still the company said it expects full-year earnings to be ahead of Wall Street forecasts. In 2010, the Pennsylvania company said it expects earnings excluding items to rise 6% to 8%. The stock has a forward-looking price-to-earnings ratio of 16 and a current dividend yield of 3.1%.

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Halloween stocks offer investors a chance at financial treats originally appeared on BloggingStocks on Fri, 30 Oct 2009 14:40:00 EST. Please see our terms for use of feeds.

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