There is a great article in the WSJ today - http://www.wsj.com/articles/balance-of-power-shifts-in-groceries-1427414817
About small natural food companies like Armanino - they can't keep up with demand!!
- they didn't mention oil fields, but that is assumed. . .the first missile to hit an oil field will cause oil to return to $100 in ten minutes. Stay tuned for more middle east mess - Nice safe Canadian oil might be the way to go here.
The WSJ had a map the other day showing Yemen on the Southern end of Saudi Arabia - frankly I didn't know where the hell it was. . .The Manchester Guardian also had an article about Yemen and the Saudi oil fields - getting a little to close for comfort. One stray rocket over the Saudi fields and oil will be back to $100.
Jim Cramer didn't help either, but today saner heads are back - the secondary gives SXL a lot of money to repay debt and keep our payout going. . .I have been through secondary offerings on most of my stocks, and usually withing a few months, the price is back to where is started.
I feel they are a bit too negative on forward guidance - they seem to be factoring in the worst case scenario here - a hot summer could make things look a lot better.
Last year the annual secondary offering was in April - maybe they will start doing their secondary offering (dilution) on a 6-month basis - the market seems to eat these up. . .as long as they pay the dividend, I don't care that much.
From Bloomberg to Jim Cramer - "buy USA" seems to be the trend in 2015. Considering the mess in Europe, slowdown in China, etc. companies like Armanino are back in favor. Interesting about Rothchild Fund - Their portfolio is online for viewing, and contains some very nice solid USA companies - looks like my portfolio - Chevron, Pfizer, utilities, etc. - very boring and very stable!
Considering the largest holdings of SWZ are Roche and Novartis, I doubt if either company will suffer because people will stop taking drugs because of a 14% increase - as many of you know, Roche owns Genentech here in the USA, so it should not impact the sales much at all. I am not going to stop buying my Nespresso caps from Nestle because they might go up a few cents (actually they did a few months ago). Also the SNB is likely to take other measures to bring the Franc down.