Sunday, August 10, 2014

10 Best Food Stocks To Invest In Right Now

10 Best Food Stocks To Invest In Right Now: Paradise Inc (PARF)

Paradise, Inc., incorporated in September, 1961, conducts operations through two business segments: Candied Fruit and Molded Plastics. The Candied Fruit segment is engaged in the production of candied fruit, a basic fruitcake ingredient, sold to manufacturing bakers, institutional users, and retailers for use in home baking. Based on market conditions, it is also engaged in the processing of frozen strawberry products for sale to commercial and institutional users, such as preservers, dairies and drink manufacturers. The Molded Plastics segment is engaged in the production of plastic containers for the Companys products and other molded plastics for sale to unaffiliated customers.

During the year ended December 31, 2011, in terms of candied fruit sales, approximately 20% were shipped to manufacturing bakers and other institutional users, with the balance being sold through supermarkets and other retail outlets for ultimate use in the home. Sales to retail outlets are usually generated through registered food brokers operating in exclusively franchised territories.

The Companys trademarks Paradise, Dixie, Mor-Fruit and Sun-Ripe are registered with the appropriate Federal and State authorities for use on the Companys candied fruit. During 2011, the Company derived approximately 15% of its consolidated net sales from Wal-Mart Stores, Inc.

Advisors' Opinion:
  • [By Geoff Gannon]

    What is the advantage of being a huge company? There are some. For one, we know the business is or was growable. A lot of small companies stay small because their circle of competence is small. Paradise (PARF) is an over the counter stock. It has a market cap of $10 million. And it dominates the candied fruit market in the U.S. Why isnt the company bigger?

  • source from Top Penny Stocks For 2015:http://www.topstocksforum.com/10-best-food-s! tocks-to-invest-in-right-now-2.html

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