Trade 2 of 187 on my Quest to Invest to a Million: Loblaw (TSX:L)Analysis

Hmmm....looks like if I would've put my money where my mouth was on the Loblaw call, I could be selling my first two percent gain today.

Symbol	Price	Change	% Change
L.TO	42.06	+0.82	+1.99%	LOBLAW CO 1d 5d 3m 6m 1y 2y 5y max News Profile Key Stats Add to Portfolios Set Alert
TD.TO	73.20	+0.52	+0.72%

CNR.TO

64.87

+0.74

+1.15%

Loblaw:

Chart:
The three month chart suggests there's still a fair bit of room for growth (at least another dollar/share which equates to about 2.5% from the current price of $42.06. Based on trend, it looks like it'll take about two weeks for that to happen.

3-Month Chart


In the News:
http://ca.news.finance.yahoo.com/s/09112010/30/link-f-cnw-loblaw-companies-awards-250-000-school-programs-across.html


http://www.theglobeandmail.com/report-on-business/economy/big-grocers-facing-pricing-pitfalls/article1798940/

In the Industry:
Performance in the US consumer staples market might be viewed as a leading indicator for the Canadian consumer staples market.

NDUSTRIES IN THE CONSUMER STAPLES SECTOR

BROAD GLOBAL MARKET UNITED STATES INDEX

Back to All Sectors

	Performance
Industry	1 Month	3 Month	YTD	Price per Earnings (TTM)	Price to Sales (TTM)	Dividend Yield
Consumer Staples 117 Companies	+0.37%	+7.57%	+7.44%	16.6x	0.9x	2.81%
Household & Personal Products 25 Companies	+0.28%	+6.12%	+4.52%	16.2x	2.0x	2.83%
Food Beverage & Tobacco 66 Companies	+0.26%	+7.66%	+11.59%	15.9x	1.5x	3.15%
Food & Staples Retailing 26 Companies	+0.75%	+8.99%	+0.88%	19.4x	0.4x	1.90%

http://investing.businessweek.com/research/sectorandindustry/sectors/sectordetail.asp?code=30