Nestle (NSRGY)

Add a New Bulls Reason Company: Nestle (NSRGY) Current price: Headline: (100 character max) Analysis: Cancel 100% agree 3 votes   Nestle Well Positioned to Handle Recession Top Contributor: Morgan Alcalay | Created when OTC:NSRGY was $32.85 | Edit | History Unlike other food companies, Nestle has proven its ability to grow revenues during tough times. Competitors such as Unilever have been forced to abandon their forecasts due to economic uncertainty and volatile commodity prices, but Nestle has repeatedly reaffirmed its 2009 guidance of 5% growth. As consumers cut back on eating out, they will trade down to lower priced prepared foods. As Nestle has a well diversified portfolio of products, this trend will benefit the company. (100 character max) Cancel

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