Kellogg, for a lot of years, was behaving exactly as Kraft is behaving now.
More Quotes from Timothy Ramey:
I don't see any change in strategy, ... the best-performing packaged-food company operating in a difficult environment.Timothy Ramey
People in the short run do react to health concerns, but in the long run they don't change their eating habits.
Timothy Ramey
The best time to buy a poultry company is when it's been beaten up.
Timothy Ramey
Kellogg continues to be the best managed of the large-cap packaged foods companies and remains committed to making the investments today that assure growth in the future. It consistently outspends and out-innovates its competition.
Timothy Ramey
There is a lack of innovation, lack of reinvestment, and lack of news in the category. We're not recommending any large-cap food names.
Timothy Ramey
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