CLSA recommends buying Smithfield following the weak Q4 report. The analyst expects improvement in fresh pork margins and considers April-June a bottom while Hog Production and Packaged Meats provide potential FY13 upside. Shares are Buy rated with a $31. price target.
Jitters in Japan and fear over the Fed have stoked a reversal in gold that follows a seven month, 25% slump. While …