Kraft Foods, H. J. Heinz, Dole Food, and Unilever Early Briefing and Review
LONDON, March 25, 2013 /PRNewswire/ --
Markets remained range bound in the previous week, after a long upward streak. International concerns including Cyprus meltdown is likely to be a major factor in the coming week as well, while improved domestic job numbers and relaxed FED policy is expected to provide positive fillip to the market. All the major indices closed higher on the concluding trading day of last week. Our research team studied the Consumer Goods sector and tracked the movement of major companies in the Major Food Diversified industry like Kraft Foods Group Inc. (NASDAQ: KRFT), H.J. Heinz Company (NYSE: HNZ), Dole Food Company Inc. (NYSE: DOLE), and Unilever plc (NYSE: UL). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
http://www.stockcall.com/report
Kraft Foods Group Inc. trimmed its 52 weeks gains to 13.5 percent by closing its previous trading session 0.91 percent lower. The stock closed at $51.19, with trading volume of 13.84 million shares on Friday. It is up 15.27 percent on a YTD basis. Kraft Foods is currently in a bullish mode and the stock touched its new 52-week high price during Friday's session. The stock is expected to go up to $52.25 in the coming sessions. Its next resistance level is at $53.05. On the downside, it is expected to face its first support level at $47.08. Kraft Foods Group traded in the range of $42.00 and $52.29 in the past 52 weeks. Sign up for the free report on KRFT at
http://www.StockCall.com/KRFT032513.pdf
H.J. Heinz Company is currently trading above its 20-day and 50-day moving average price of $71.97 and is in a bullish mode. It also ended its latest trading session 0.01 percent lower at $71.99. H.J. Heinz exchanged 5.72 million shares during Friday's session. The stock has outperformed the broader markets and has gained 25.81 percent so far this year. It is likely to go up to $72.43 in the coming trading sessions. Its second resistance level is at $76.09. The company commands market capitalization of $23.08 billion. HNZ free technical report can be accessed by signing up at
http://www.StockCall.com/HNZ032513.pdf
Dole Food Company Inc. closed its Friday' trading session with mild downward movement, accompanied with below average volume. The stock ended at $10.65, down 0.65 percent from its previous close. It traded in the range of $10.62 and $10.88 during the session. Dole Food is quite volatile as it commands beta of 1.32. The company's current market capitalization stands at $949.87 million. The stock has declined 5.59 percent on a YTD basis while its 52 weeks gain stands at 6.39 percent. Free report on DOLE can be accessed by registering at
http://www.StockCall.com/DOLE032513.pdf
Unilever plc is trading above its long-term moving average price, indicating a bullish trend. It also closed its latest session at $42.03, up 1.50 percent. The stock made an upward movement with below average volume of 722,743 shares. Unilever trades at Price/Earnings ratio of 21.01, slightly higher than industry average, making the stock an expensive proposition. However, the stock provided good return to its holders as it appreciated 9.74 percent this year. Unilever's stock also gained 28.45 percent in the past 52 weeks. Register with StockCall and download the research on UL for free at
http://www.StockCall.com/UL032513.pdf
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