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Ultimate Stocks: an eclectic bunch of high achievers

13/11/2020 · Alibaba Group (BABA)  · Garmin (GRMN)  · Nestle SA (NESN)  · Walt Disney (DIS) 

China Trends US

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Positive results and updates and even the bad was far better than expected from this bunch of high quality companies, who should continue to deliver for shareholders


Nestle: pet food driving growth

Nestlé (SWX:NESN) reported 3.5% organic growth for the 9 months ending 30 September, benefiting from strong momentum in particular from its Purina PetCare and Nestlé Health Science businesses and an acceleration of its coffee business at the end of the period.

Petcare was the standout performer seeing 10.6% growth to CHF10.38bn, lifting the category to 16.7% of group sales, as its Purina, Felix and Bakers brands enjoyed a good lockdown with a…

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