Tuesday, January 23, 2007

Del Monte Climbs Up

Del Monte Foods(DLM) has been upgraded to "outperform."The company has been quietly adding name brands to its portfolio-especially pet food.Milk Bone and Meow Mix are among its latest acquisitions,boosting its prospects significantly.We might deprive ourselves,but we will never deny our pets.As well,the concern over fresh food safety can't hurt their hallmark canned food business.One of mom's old brands is a real bargain today.

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