Barron's Review with FusionIQ Ranks
One of the lead stories in Barrons this weekend was on the S&P Packaged Foods Index.  The article suggested that the food stocks may have fallen to far, right along with the broader stock market. Historically prized by investors for their defensive characteristics in times of turmoil, the stocks instead have headed south amid worries about the impact of sharply higher commodity costs on industry profits.  Barrons suggests in their story that valuations for the S&P Packaged Foods Index components are attractive and with the companies paying solid dividends these companies are now worth taking a look at. 
As seen below we ran these stocks through our proprietary FusionIQ Software and the results weren't pretty with only BG and MCD registering bullish readings of 70 or greater.  The remaining stocks in the index have extremely low FusionIQ scores suggesting they are likely to be out of favor for quite sometime.

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