Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

RSS FEED

» Help

Current DateTime: 10:14:18 08 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

Text Size
Nov.05
5:59 AM ET
Wednesday, 5 Nov 2008
Go Bananas on Fruit Companies: Strategist

Go bananas! There is a lot of incredible value out there, Clem Chambers, CEO of ADVFN, told CNBC when explaining why he has recently become a long-term bull.

Chambers says he is slowing dipping his toes back into the market, one day at a time.

He is picking stocks that have "been crushed for no reason to do with the credit crunch."

Chambers likes food producing companies, like banana company Fyffes, saying that the current crisis shouldn't affect people's ingestion of bananas, but the stock is down 75 percent.

The same can be said for the Irish cider maker Bulmers, no one will stop drinking cider, even in the credit crunch, according to Chambers.

But Chambers is not a fan of the commodities market, telling CNBC he believes commodities are going to be down for "quite a long time."

Disclaimer

© 2008 CNBC.com

Tools:
PrintEmailAdd This share icon
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 02:34:52 08 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 02:34:52 08 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 02:34:52 08 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 02:34:52 08 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters