Summer Stock Series: Barbecue
This Memorial Day you may want to change your apron from "kiss the cook" to “pay the cashier.”
The cost of buns, beef and corn on the cob will be, on average, 8% higher than last year. That’s the biggest jump in cookout costs in three decades.
It’s bad news for your Uncle Bob but good news for companies such as Tyson , Smithfield Foods and Kraft , who are all raising prices. Maybe the bull market isn't on Wall Street, but in your own backyard.
Here’s how to take your bite!
I like AmeriGas Partners says Pete Najarian as the nations largest propane distributor. Also look at Clorox as the owner of Kingsford charcoal.
Suburban Propane just came off an interesting quarter. It might be worth a look, adds Guy Adami.
Wal-Mart , exclaims Wal-Mart, that’s all you need to know. They sell everything you need for a barbecue under one roof.
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Trader disclosure: On May 20, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami owns (NUE), (BTU),(MSFT),(INTC),(C ), (GS), (AGU); Najarian Owns (AAPL), (NOK), (DRYS), (HPQ), (XLF) Puts; Macke Owns (INTC), (HAS), (DIS), (WMT), (MSFT); Terranova Owns (SUN), (FXC), (GS), Crude; Terranova Is Short (HES), (WYNN)