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Pilgrims Pride and Wabash National Look Good on This Ratio
Pilgrim'sPilgrim's(US:PPC) GuruFocusยท2024-07-15 15:50

Group 1: Investment Opportunities - Pilgrims Pride Corp. is the second-largest chicken producer in the U.S. and has a price-sales ratio of 0.5, with its stock advancing 37% this year [3][14] - Wabash National Corp. has shown strong profitability with a return on stockholders' equity of 39% over the past four quarters, indicating robust financial performance [4] - Bunge Global SA operates in agribusiness and food, with a price-sales ratio of 0.30 and a profit margin of approximately 4.70% before tax [5][16] Group 2: Market Trends - The demand for personal computers has decreased significantly, with shipments down nearly 15% year-over-year, totaling about 242 million PCs [7] - Consumers are shifting towards cheaper food options, potentially increasing the demand for chicken over beef in the coming year due to rising prices for food and gasoline [13] Group 3: Company Performance - Reinsurance Group of America Inc. has maintained profitability for 30 consecutive years, with a stock price increase of about 30% this year and a price-sales ratio of 0.70 [22] - PC Connection Inc. experienced a 10% decline in sales last year but managed to achieve a 1% gain in profits, indicating resilience in a challenging market [23]