Essential
Death Care stocks will benefit from pent-up demandService Corp. International (SCI) is the obvious conservative (market cap $6.9 billion) candidate while Carriage Services ($274 million) is the more prospective growth story in the US. A smallish Canadian company (market cap $574 million) has experience very rapid revenue growth of late but is a higher beta stock. All pay dividends ranging around 2%.
Hormel Foods versus Campbell's Hormel Foods is an industrial scale grocery supplier. Similar footprint to that of Campbell's $CPB but with a lower OpEx and higher revenues.
Notably, the company trades at nearly 3x P/S versus Campbell's which trades at 2x P/S.
Both seem like logical, undervalued, consumer staples, though I would see a convergence in this price differential as we come closer to earnings.
Campbell's Soup - 0% for the year...Recent price volatility says a lot about human behavior, but the long term price chart for Campbell's is relatively lackluster versus others.
No doubt consumer staples and essential items are going to get a boost here with upcoming earnings in Mid-may.
Worth watching. Post-earnings, I'm looking for $53/share.
