Diamond Foods Inc.  (DMND) Trade Now »     Rate DMND  -  Discuss DMND  -  Add to Watch List        

Filed under: Newsletters, Agriculture, Stocks to Buy, Recession, best stocks for 2010

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

"Diamond Foods (DMND), a player in nuts and pop corn, is our top pick for 2010," says Sy Harding.

In his The Long & Short Stock Advisor, he explains, "The company seems to have had no problems with the recession or slow economy."

Continue reading Top Picks for 2010: Diamond Foods (DMND)

SAN FRANCISCO (AP) - Snack maker Diamond Foods Inc. said Thursday that its fourth-quarter profit more than tripled as the company reported better-than-expected results.

For the three months ending July 31, the maker of nuts and other snack foods, said it earned $2.6 million, or 16 cents per share. That's compares to a profit of $774,000, or 5 cents per share, during the same period last year.

Revenue grew 1 percent, to $113.15 million, up year-ago sales of $112.44 million.