JUNK STOCKS, VICE STOCKS

I should have been clearer. The title of this post should be 'Junk Food Stocks...'.

With Buffett's backing for the merger of Heinz and Kraft, nutritionists are up in arms against the creation of a bigger entity selling unhealthy food to already unhealthy persons making them even more unhealthy.

Junk food, is addictive no doubt. Just like gambling, tobacco and other vices. Macau-related stocks are taking a beating now with the reining in of Chinese spending and corruption. This would likely continue till a much longer time. 

I like beaten down gambling stocks like Genting Singapore and Wynn Resorts. But are they that cheap yet? I do not think so. 

I got a nasty feeling that Genting Singapore will make another cash call in due course.