Sara Lee (SLE)

[mhertz]

I think Sara Lee (SLE) is a tremendous buy at this level - it closed at $18.63. This company has a tremendous upside, and a very little downside. It is currently in a restructuring phase and is doing well with its new CEO. It pays a high yield of over 4%. Trades at an industry low P/E. Great company with solid business economics. I see this going to $25 in the short term.

[oldboldpilot]

According to both sources, Sara Lee doen't have much going for it.
I think your money might be better invested with a Chinese stock
(some of which are hard to research). 2006 should be an interesting
year if China can sustain it's growth.

[the_menace]

According to its 2005 financial data, it looks like their net income dropped from 12B to 7B (2005) from the previous year. The good thing is they lowered their long-term debt giving them a better current ratio than the previous year. Cash is lower but the current assets is higher than previous.

On another point of view, the 13 day moving ave. just crossed the 50 recently which gives it a good entry point from its previous downtrend. The chart looks good from here.