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So Kellogg (K) is not the toast of Wall Street today. At the time of this writing, shares were off by close to 6%, coming in at a quote of $48.50. Are you kidding me? A defensive stock like this one is off by almost 6%? Yes, my friends, it happens. Makes you wonder what is truly defensive and what isn’t, am I right?

Shareholders have no choice but to go along for the ride. Then again, they do have a choice. Perhaps they could add to their position on the dip. After all, is Kellogg through as a long-term idea?

Continue reading Kellogg Down After Quarterly Report — No Need to Worry

Kellogg Down After Quarterly Report — No Need to Worry originally appeared on BloggingStocks on Thu, 29 Jul 2010 15:40:00 EST. Please see our terms for use of feeds.

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