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Top stocks for recession - Pasta producer.

Tags: US markets, HNZ, KFT, AIPC
1 Dec 7:40pm
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The biggest pasta producer in North America is American Italian Pasta Company (AIPC). Is is already 20 years since Missouri based company was founded. Year 2008 is a successful milestone in company's history as most of other stocks are turning to deep red return. Last month AIPC had finally left Pink Sheet after 2 years trading below $10 and became listed on NASDAQ.

American Italian Pasta Company is in defensive sector Consumer Staples as other food producers. Nestle (NSRGY.PK), Kraft Foods (KFT) or Heinz (HNZ) didn't performed bad compared to other sectors but still with negative YTD return. Shares of AIPC have something around 110% performance since the beginning of the year and is one of the best performing stocks this year.

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