Staples
DJIA’s Newest Member is Comfort Food for Investors
Read the full article: http://blog.ockhamresearch.com/
Okham Research views Kraft Food (KFT) shares as fully valued at present. However, this newest member of the Dow Jones Industrial Average (DJIA) represents a defensive component of the economy (Consumer Goods), has broad international exposure, pays a 3.3% dividend and has a market cap close to $50 billion.
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