Companies often use hollow acquisition-driven growth to mask deterioration in the underlying business, i.e. efficiency. This week’s Danger Zone stock fits this description to a tee. Add in extremely high profit growth expectations and it’s easy to see why Snyder’s-Lance (LNCE) is in the Danger Zone.
The Consumer Staples sector ranks first out of the ten sectors as detailed in my sector rankings for ETFs and mutual funds. It gets my Attractive rating, which is based on an aggregation of the ratings of 9 ETFs and 9 mutual funds in the Consumer Staples sector as of October 9, 2012. Reports on the best & worst ETFs and mutual funds in every sector and style are here.