Top 10 Logistics Companies To Buy Right Now: The Middleby Corporation (MIDD)
The Middleby Corporation, through its subsidiaries, engages in the design, manufacture, and sale of commercial foodservice and food processing equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. The company?s Commercial Foodservice Equipment Group segment manufactures cooking equipment for restaurants and institutional kitchens. Its product line comprises conveyor ovens, ranges, steamers, convection ovens, combi-ovens, broilers and steam cooking equipment, induction cooking systems, baking and proofing ovens, griddles, char broilers, catering equipment, fryers, toasters, hot food servers, food warming equipment, and coffee and beverage dispensing equipment. These products are sold and marketed under the brand names of Anets, Blodgett, Blodgett Combi, Blodgett Range, Bloomfield, CTX, Carter-Hoffmann, CookTek, Doyon, Frifri, Giga, Holman, Houno, Jade, Lang, MagiKitch?n, Middleby Marshall, Nu-Vu, Pitco, PerfectFry, Southbend, Star, Toastm aster, TurboChef, and Wells. In addition, this segment involves in sales, distribution, and export management activities internationally through independent manufacturing representatives and a combined network of independent and company-owned distributors. The Middleby?s Food Processing Equipment Group segment manufactures preparation, cooking, packaging, and food safety equipment for the food processing industry. Its principal products include batch ovens, belt ovens, and conveyorized cooking systems sold under the Alkar brand name; grinding, slicing, emulsification, mixing, and blending products under the Cozzini brand name; breading, battering, mixing, slicing, and forming equipment sold under the MP Equipment brand name; and packaging and food safety equipment sold under the RapidPak brand name. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The Middleby Corporation w! as founded in 1888 and is ba s ed in Elgin, Illinois.
Advisors' Opinion:- [By Lisa Levin]
Middleby (NASDAQ: MIDD) shares jumped 0.80% to touch a new 52-week high of $249.85. Middleby's PEG ratio is 1.25.
China Finance Online Co (NASDAQ: JRJC) shares reached a new 52-week high of $6.85 after the company reported its Q3 unaudited financial results.
- [By Tom Gardner]
In the video interview excerpt below, Motley Fool CEO Tom Gardner speaks with Middleby (NASDAQ: MIDD ) CEO Selim Bassoul. Since becoming CEO in 2000, Bassoul has led a remarkable transformation at Middleby, turning the cooking equipment maker'sstock into a nearly 50-bagger over that time. In the video below, Bassoul discusses how the company can continue its rapid growth.
- [By Jim Jubak]
And a few attractive names are down even more. Schlumberger (SLB), for instance, is down 7.1% from November 11 through December 4, and Middleby (MIDD) is down 8.8% from October 25 through December 4.
source from Top Penny Stocks For 2015:http://www.topstocksforum.com/top-10-logistics-companies-to-buy-right-now.html
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