Fast Money's Restaurant Hedge Trade Portfolio - Stockpickr! Your Source for Stock Ideas

Fast Money's Restaurant Hedge Trade

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Created by barrons2

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Date updated:06-04-2008

As food prices surge companies that can aggressively hedge their costs should benefit. What’s worth watching?

DRI
Darden Restaurant
$25.87
-5.76%
$26.13

Jon Najarian said Darden Restaurants (DRI) is doing very well hedging soy, grains and corn. He said the hedging is responsible for the stock's move from $20 to $36.

People owning DRI also tend to own: AAPL CBRL AKS BFB BTU CHE CHK

TheStreet.com Rating: B- What is this?

K
Kellogg Co
$56.00
-2.12%
$56.33

Najarian said he also likes Kellogg (K) because it hedges 70% of its grain exposure

People owning K also tend to own: JCG LVLT MTU NWS PFE SBUX SGP

TheStreet.com Rating: A- What is this?

SBUX
Starbucks Cp
$12.97
-5.05%
$13.29

Najarian said Starbucks (SBUX) is also effectively hedging its coffee exposure.

People owning SBUX also tend to own: CME CVS DELL EBAY GE GS LEH

TheStreet.com Rating: C What is this?

BOBE
Bob Evans Farms
$24.61
-0.53%
$24.22

Najarian said Bob Evans (BOBE) and Buffalo Wild Wings (BWLD) are not hedging as effectively. Shorting those last two is a better trade than getting long effective hedgers, he said.

People owning BOBE also tend to own: AAPL NYX ALTI BGF EMC MKL PTEN

TheStreet.com Rating: B What is this?

BWLD
Buffalo Wild Wing
$35.03
-2.18%
$34.57

Najarian said Bob Evans (BOBE) and Buffalo Wild Wings (BWLD) are not hedging as effectively. Shorting those last two is a better trade than getting long effective hedgers, he said.

People owning BWLD also tend to own: BJRI RRGB JCP LVLT RAD RVBD ASTI

TheStreet.com Rating: B What is this?

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