Friday, February 11, 2011

Kraft says more price increases ahead

Kraft says more price increases ahead

Ouch food is going to become more and more expensive. Food making companies are not going to let price increases hurt their bottom line. The consumer will end up picking up the tab. I guess this may be bad news for the stock market. Because more people will have to put their money into food instead of investing in the stock market...

I guess this will pan out over time. For the short term being, I think these price hikes may be good for agricultural related companies because more money will be pumped in.

Which companies stocks should I buy next?

13 comments:

  1. ham or sandwhich meat companies?

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  2. Any information regarding the investigation into Kraft by the European Trading Commission after it went back the policies set out when they took over Cadbury's?

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  3. Anything thats good for agricultural trade is good - they've never been as successful since the last depression.

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  4. you should look into commodities

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  5. This sucks, we're going down the gutter *sigh*

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  6. you don't have only commodities

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  7. that sucks. hopefully the food i buy doesnt become more expensive. as for what stock u should buy next, i think u know more than me so i will refrain from saying anything ;)

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  8. Maybe it's because they have to pay so much for the homeless guy with the golden voice.

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  9. I suggest doing a bit of research in Asia, mainly Korea, and see what you can buy up. Samsung wants to own the world and they are on their way. When I left Korea recently I could have found a job in 1 day, here, well, I've been back a couple months and no bites. Ouch! Asian stocks!

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  10. Everything is getting expensive, and you're getting less too. Ugh

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  11. I will have to do a bit of research but I am actually interested in what the Kraft stock will do once they raise their prices

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  12. Time to get the home garden started.

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  13. Yeah it looks like it might be a good time to invest

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