Jeff Reeves regularly appears on Boston’s WRKO radio (AM 680) to talk stocks with Barry Armstrong. He recorded another spot on “The Financial Exchange” on Thursday, February 23, talking about Kellogg (NYSE:K), Liberty Media (NASDAQ:LMCA) and Amazon.com (NASDAQ:AMZN).
Kellogg recently made waves when it agreed to purchase the Pringles snack business for $2.7 billion from Procter & Gamble (NYSE:PG). That gives the company a decent spot in the snack food market. (Check out 3 pros and 3 cons on Kellogg for more detail).
Liberty Media is the company behind Starz, and holds a stake in a variety of other bsuinesses including the Atlanta Braves and Barnes & Noble (NYSE:BKS). LMCA stock was recentlyadded to Warren Buffett’s holdings as part of Berkshire Hathaway (NYSE:BRK.B).
Amazon is growing revenue rapidly, but at the cost of profits. Margins are very thin and the Kindle is a risky bet, since the ecommerce giant is selling the gadget at cost.