The Trends of Consumer Goods Companies in the Stock Market – Apple. (NASDAQ:AAPL), Tyson Foods (NYSE:TSN), Procter & Gamble (NYSE:PG), Pilgrim’s Pride (NASDAQ:PPC) and Lululemon Athletica (NASDAQ:LULU)

50

Apple Inc. (NASDAQ:AAPL) has hired people in wearable technology. Even though the company is making its own watch, they hired people out of the watch industry. However, this conflict has been taken care of – Apple Inc. (NASDAQ:AAPL) has caught hold of the VP of sales and retail of the famous watchmaker TAG Heuer, Patrick Pruniaux. This is just a part of Apple Inc. (NASDAQ:AAPL)’s campaign of hiring talented people. Jean-Claude Biver, the head of the group at LVMH has informed CNBC that Mr. Pruniaux is currently working with the company on iWatch. In the last trading session, Apple Inc. (NASDAQ:AAPL)’s stocks began at $93.67, reached a maximum cost of $94.10 and ended at $94.03. The weekly performance of the stock is 3.44%.

Pilgrim’s Pride Corporation (NASDAQ:PPC)’s stocks increased by 13.3% over the previous four weeks. The company also rests above its SMA20 target. This is definitely good news for the investors. Zacks has ranked Pilgrim’s Pride Corporation (NASDAQ:PPC)’s stock as “strong buy”, so that the company can enjoy its spotlight over another few weeks. Pilgrim’s Pride Corporation (NASDAQ:PPC)’s last day-trade ended at $29.01. The institutional ownership and the insider ownership of the stock are 19.70% and 74.14% respectively. The company’s outstanding shares are 259.03 million in volume. Of these share, 70.79 million have found their home in the market.

Many food companies were striving for a better position in the market. Due to which there was a long bidding war which finally ended on 2nd July; a deal worth $7.7 billion was signed between Hillshire Brands Co. and Tyson Foods, Inc. (NYSE:TSN). Tyson Foods, Inc. (NYSE:TSN) has the largest sales of meat processor in U.S.A. According to the deal with Hillshire, the firm will sell many of its meat products in the same stores as Tyson Foods, Inc. (NYSE:TSN)’s products. In the last day-trade, the company held 3.51 million shares which were lower than its average of 5.82 million shares. The company started the day-trade at $39.10, reached a peak value at $39.11 and ended the trade at $38.51; thus reducing by -1.16%.

In a report by the Wall Street Journal, Dennis “Chip” Wilson, the founder of Lululemon Athletica inc. (NASDAQ:LULU), was busy in talks with equity firms to make his company private. Because of this report, the company’s shares saw a rise in the trading session on Thursday. The newspaper also reported that the firms that Mr. Wilson had approached included Leonard Green & Partners. On July 3rd, Lululemon Athletica inc. (NASDAQ:LULU) saw an increase of 2.90% in their stocks. The closing price for the stock was $42.60. The company’s range over 52 weeks was $36.26 -$77.75. The market cap of the company is $7.47 billion. The company has 145.46 million outstanding shares and held 4.05 million shares in the last day-trade.

The Procter & Gamble Company (NYSE:PG) has scheduled a discussion of its earnings in the fourth quarter on Friday, 1st August. This discussion will be webcasted. The company’s stock began the last trade session at $79.93, reached a maximum of $80.14 and ended at $79.98. The range for the company was $79.64 – $80.14. The company’s average volume is 7.02 million shares, but it held 5.50 million shares in the last session. The market capitalization for the company is $216.42 billion.

Get Free Updates and Stock Alerts!



*We only send one email per week
Share.

Get Winning Stock Alerts!

Our track record speaks for itself! Our last 7 alerts have delivered combined gains in excess of 300% and there are no signs of slowing down. Join UltimateStockAlerts.com now before you miss out on our next big runner!

We will never sell or share your information.