Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Premier Foods (PFD) has had a very rocky ride over the last few months, since announcing a re-financing package. However, I believe that the share price has hit bottom and that it represents a good longer term buy at these levels. Even in the shorter term it could yield a nice profit with a trade from here if it can break through 62p.
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