A safer investment than Treasuries with a higher yield
Today you can buy a 10-year Treasury bond and get a 3.11% yield - but wouldn't you rather own shares in a company that pays a better yield, and has the potential to increase in share price?
I usually try to find companies that benefit directly from higher commodity prices, but in this case, I've found a company that could benefit despite higher commodity prices...
This company pays a 3.4% dividend - and better yet it has the ability to raise or lower prices at will. That's because it takes one of the cheapest commodities on the planet (corn) and turns it into an easily consumable good - with a price markup in the triple digits. Whether you believe we're headed into deflation or inflation, pricing control is hugely important.
More on this pricing control in a minute...
Most people buy Treasuries precisely because they want safety.
If you're worried about safety, I'd make the argument that buying shares of
Friday after hours
Shares of Pegasystems Inc. (Nasdaq: PEGA) rose $0.09, or 0.94%, to $9.90 in after-hours trading today on the news that Nasdaq has given the company an extension on the filing of its 2006 annual report. As long as the Cambridge, Mass.-based software company files the 10-K with the U.S. Securities and Exchange Commission by May 10, then it will not be delisted from the Nasdaq exchange. Pegasystems said it plans to file the report with the SEC “next week,” and to regain compliance with the filing requirement for continued listing on the Nasdaq Global Select Market at that time.
Coca-Cola Bottling Co.’s (Nasdaq: COKE) stock was up by $0.58, or 1%, to $57.84 in after-hours trading today after the Charlotte, N.C.-based company announced a surge in first-quarter profits. Coca-Cola Bottling said it earned $4.7 million, or $0.51, on revenue of $337.6 million in the 2007 first quarter compared with net income of $800,000, or $0.09, on revenue of $ 333 million in the same period last year.
