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Two Ways To Play: Peltz Needs More Pump


Strengthen your portfolio in good times and bad.

Bloomberg reports billionaire Nelson Peltz, through his Trian Fund, sold his stake in Starbucks (SBUX) while adding shares of Hansen Natural Corp. (HANS). According to a filling today with the SEC, Peltz's funds acquired shares of the Monster Energy drink maker in addition to retailer Target (TGT) and Philip Morris (PM), the tobacco maker, as of June 30.

As of March 31, Trian had owned approximately 900,000 shares of Starbucks. That figure would mark a 0.1% stake of the world's largest coffee maker, but a spokesperson for the company confirmed that Peltz has sold off his shares.

Hansen jumped 10% in today's trading to $29.98. SBUX gained 4% closing at $16.92. Target added 3% to $49.65, while Philip Morris fell 0.13% to $55.47.

From the Bull Pen: Is Philip Morris the best upside play in the stocks mentioned? Sell-stops can be set below $54.

From the Bear Cave: Professor Shartsis mentioned Hansen today on the Buzz. "Volume is the heaviest in 4 months and the stock is likely to put in a top today," he said. Bears can play the downside with this stock using defined risk.
No positions in stocks mentioned.

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