Merrill Lynch has issued its latest list of recommendations for investors in the global food industry. Brokers believe that food stocks should provide a safe haven in volatile global markets due to the predictability and stability of earnings and cash flow. Its recommendations include Ralston Purina (US), Group Danone (Europe) and Cadbury Schweppes (Britain).
Merrill Lynch puts store in food firms
Merrill Lynch has issued its latest list of recommendations for investors in the global food industry
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