CMP: $64

Kellogg Company manufactures and markets ready-to-eat cereal and other convenience foods. The Company's products include cereals, cookies, crackers, toaster pastries, cereal bars, fruit snacks, frozen waffles and veggie foods. Kellogg markets its products in the United States, Canada, and other countries throughout the world.

Kellogg is a $23 Billion market cap company trading at a P/E of 24. Revenues have risen from $12.40 Billion to $14.20 Billion in the last 2 years. Profits have dipped from $1.29 Billion to $961 Millions in the last 2 years on reduced margins. Debt levels are high, but it has strong brand value. Decent bet.