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Dole Food Company, Inc Common S Message Board

  • datamatters2003 datamatters2003 Jan 23, 2013 2:42 PM Flag

    Jim Cramer likes DOLE and nice price/sales ratio

    Seeking Alpha reports 1/18/13 that Jim Cramer on Mad Money likes DOLE and would buy now rather than sell.

    Separately, Yahoo Finance reports DOLE's price/sales ratio is 0.13, versus 0.74 for the industry average, 1.39 for the S & P 500, and 1.07 for Vanguard's mid-cap ETF (ticker symbol VO). DOLE's PEG ratio is reportedly 1.39 versus 1.78 for the industry average. Those ratios strike me as significant good news for DOLE.

    True, you get a very small operating margin in this industry. But that is nothing new. And you get DOLE's realty holdings, which combined with the fact people need to eat gives DOLE a very reasonable inflation hedge, in my view.

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