McCormick & Brown Forman

I’ve been telling investors to be wary of cyclical stocks. Here are two consumer stocks that have performed very well in recent years — McCormick & Co. ($MKC) and Brown Forman ($BF-B). The latter makes Jack Daniels which may be as counter-cyclical as you can get.

McCormick just reported Q2 earnings of 55 cents per share which was a penny better than consensus. However, the company lowered its full-year forecast to a range of $2.74 to $2.79 per share. The Street was at $2.83 per share.

Posted by on June 30th, 2011 at 10:15 am

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