StockCall Scrutinizes Mondelez Intl., Hershey, Clorox, and Jarden
LONDON, March 7, 2013 /PRNewswire/ --
Emerging markets have been key growth drivers for consumer goods companies such as Mondelez International Inc. (NASDAQ: MDLZ), The Hershey Company (NYSE: HSY), The Clorox Company (NYSE: CLX), and Jarden Corp. (NYSE: JAH). Over the past decade, rising income levels in countries such as India, China and Brazil have boosted consumer spending. Meanwhile, in the developed world consumer confidence has been rebounding, in the U.S., as economic outlook continues to improve. All these augur well for consumer goods companies. On Wednesday, consumer goods stocks ended on a mixed note even though the Dow Jones posted yet another record high finish. StockCall reviewed the solar industry and chose MDLZ, HSY, CLX, and JAH for its technical coverage. These free reports can be seen for free at
Shares of Mondelez International Inc. finished nearly flat in Wednesday's trading session. The stock closed 0.04% higher at $28.52 on volume of 9.61 million. The stock hit a 52-week high of $28.67 in yesterday's session. For the week, Mondelez's shares have gained more than 2.50%. Year-to-date, the stock has gained more than 12%, outperforming the broad market. The stock recently broke through $28.25 resistance level, which is a bullish signal. The stock is also trading above its 50-day and 200-day moving averages, which further confirms the bullish trend. The stock's MACD has crossed its signal line and zero-line, which is also a positive signal. Download the free research on MDLZ by signing up now at
Shares of The Hershey Company slipped in Wednesday's trading session. The stock closed 0.85% lower at $84.48 on volume of 693,611. Despite the pullback yesterday, the company's shares have gained more than 1.20% for the week. Year-to-date, the stock has gained nearly 17%, outperforming the S&P 500. Shares of HSY have seen a series of higher highs since the start of this year, which is a bullish signal. The bullish trend is further confirmed by recent volume activity and the MACD chart. The stock is currently trading well above its 50-day and 200-day moving averages. Register for today's free analysis on HSY at
The Clorox Company shares reached a 52-week high of $85.33 in Wednesday's trading session. However, the stock gave up most of their gains by the close of trading, thus finishing nearly flat. The stock closed 0.01% higher at $84.78 on volume of 742,340. For the week, the company's shares have gained nearly 1%. Year-to-date, the stock has gained more than 15%, compared to a gain of more than 8% for the S&P 500. Clorox's shares have seen a series of highs since late December, which is a bullish signal. Free report on CLX can be accessed by registering at
http://www.StockCall.com/CLX030713.pdfShares of Jarden Corp. fell in Wednesday's trading session. The stock closed 0.42% lower at $61.78 on volume of 414,083. Despite the pullback yesterday, Jarden's shares have gained 0.6% for the week. Year-to-date, the stock has outperformed the broad market, gaining 19.50%. The company's shares recently broke through $61 resistance level. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal. Register with StockCall and download the research on JAH for free at
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