Stock trade project. Choose a particular stock and keep track the performance of this stock during the term. Write a summary of the stock's movement.
Date Submitted: 08/29/2004 13:38:52
Stock track project
Danone Group
INTRODUCTION
DANONE Group is a producer of fresh dairy products, packaged water, biscuits and cereal products. The Danone group is the worldwide leader in water and fresh dairy products and ranks second in biscuits.
Over the years, Danone has taken strategic steps to achieve a worldwide presence and focus on three business lines: dairy products, biscuits and water. The Company's portfolio of brands and products includes national and international brands
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if this index fluctuates more than the stock.
Danone is regarded as a defensive value, its sphere of activity and its strong positions putting it safe from heavy difficulties. Indeed, even in period of crisis, the basic needs for the consumers remain. However, the stock is not entirely no-correlated at the general economic situation, and in particular of the level of household consumption.
In this period, the Danone stock looks a good stock to buy.
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