Kraft Foods Inc. (KFT) and its subsidiaries manufacture many food
products from cheeses to beverages as well as many other packaged foods and
snacks. Kraft operates in 71 countries and sells its products to citizens of over
150 countries [16].
Kraft Foods’ price has been steadily climbing for the past few months with
only brief dips into lower prices. Overall, the stock has been holding to its norm
of the past couple years. From looking at the 2006 data, it appears that Kraft has
plenty of fluctuations I can exploit and it looks steady enough to try swing trading.
With the stability of an established company and a low-risk stock price
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progression, Kraft Foods Inc makes a good candidate for a swing trading
simulation.