Thursday, November 5, 2009

Fortune Brands

With all the M&A activity going on, I think you should take a look at Fortune Brands at under $40.

I think it is cheap, a good play on the recovery, and it has pulled back to a very good entry point.

This morning, BAC/Merrill initiated the stock with a neutral rating; I think that is wrong. I'd buy it here.

But here's the report, along with their morning research.

You can make your own judgment.


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