- Should Homeowners Be Able to Stop Paying Mortgage?
- Buffett's Predictions For Next Year—And Every Year
- The World's Biggest Debtor Nations
- Goldman Sachs Party Ban: No Gatherings of 12 or More
- Fed Tweaking Plan to Pull Money Back out of Economy
- Scientists Gone Wild: Climate Debate Turns Nasty
- Blue Nile CEO: Having 'Best Cyber Monday Ever'
- Slideshow: The Real Cost of the 12 Days of Christmas
- Oil Demand Sees Year-Over-Year Rise, First Since 2007
- Best Online Retailers to Buy Now: Internet Analyst
- ESPN The Magazine’s Body Issue: A Financial Success
- Cyber Monday: The Last Vestige of Dotcom Hype
- Dubai Fear is 'Noise'—Stay Fully Invested: Strategist
- Tech Comes to Holiday Shopping's Rescue?
- Timeless and Time-Tested Warren Buffett Watch Predictions
- Roginsky: The Botax Whose Time Has Come
- Buy or Hold: Analyst Rates 10 Retail Stocks
- Execs: Tis The Season To Take Control
MOST SHARED
- Timeless and Time-Tested Warren Buffett Watch Predictions
- Black Friday Sales Disappoint Investors; Amazon Up
- Tiger Woods Wants to Protect Family Privacy: Agent
- Governments Must Take Steps To Avoid More Dubais: El-Erian
- Get Paid Six Figures to Wear a T-Shirt?
- Tamminen: Copenhagen And Beyond
- BofA Aims to Clearly Spell Out Credit Card Terms
- Oil Demand Sees Year-Over-Year Rise, First Since 2007
- Regulators List Systemic Risk Institutions: Report
- Amazon's Kindle Sales Hit Monthly Record in November
Text Size 
 |
James Altucher of Formula Capital sees potential nutrition for investors in the world's ravenous and growing appetite for food.
"I think we're going to see a continual increase in food prices, not only because of the price of oil, because of increased demand in Asia, Europe, the developing world," he told CNBC.
"You have farmers moving into the cities, demanding more food, but producing less of it."
So, how does this translate into opportunities for portfolios?
Recommendations:
"I like Sysco [SYY
Loading...
()
], which basically has the monopoly on food distribution," he said. "They've raised their dividend every year for the past 20 years, they have a 3 percent dividend, they've bought back 30 million shares over the past two years."
Altucher also likes the Brazilian food processor Sadia [SDA
Loading...
()
].
"I'd rather own a food processor like Sadia," he said. "They're able to pass on the cost to the General Mills [GIS
Loading...
()
] of the world and the McDonald's [MCD
Loading...
()
] of the world. They have 7 percent margins. They've been able to avod the margin compression that's happened to Tyson Foods [TSN
Loading...
()
], so I think you can benefit there."
Pans:
Altucher advises avoiding General Mills, McDonald's, and Kellogg [K
Loading...
()
].
Disclosure:
Neither Altucher nor his firm own any of the mentioned stocks.
Print
Email
- Ever wished your cab driver would stop chatting and just get to where you're going? Well, that moment is closer than ever.
- UPS is giving its customers the option to offset its carbon emissions when sending a package.
- Romania's presidential campaign has been rocked by a video that may show the president striking a 10-year-old boy.
- Raising alligators is hard work, and the fickle taste of rich consumers has just made it much harder, says the NY Times.
- The continued real estate boom in China is partially fueled by a generational flood of newlyweds.
- Shopping for a gadget hound? The choices can be baffling. Here are a few that should be a hit.
Data is a real-time snapshot *Data is delayed at least 15 minutes