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Day 8 — Ramen Noodles

Day 8 -- Ramen Noodles
What is it with Ramen noodles?

Friends whom I share my plight with recall how they went back to eating Ramen noodles, ID’d as cheap college food, when they lost their job. If you are unfamiliar with the Maruchan brand of Ramen noodles, they are hard, long and tightly woven ringlets of white pasta with Asian-flavored seasonings that soften in water after about three minutes in the microwave. Safeway, Giant and all the hole-in-the wall markets sell them.

Do Ramen officials know their noodles have become the staple of the unemployed, right up there with rice and beans, scrambled eggs, peanut butter, cheese and crackers? If that’s true, then the stock of the company that makes Ramen noodles should outperform the blue chips this year.

I’m game to find out, and if my research leads to a stock tip, well, maybe CNBC will be calling, to seat me next to Larry Kudlow, that dapper gentleman with the booming voice of Kudlow & Company. I used to cover Kudlow as a reporter, but he wouldn’t remember that.

Toyo Suisan Kaisha Ltd., a big Japanese company specializing in highly processed consumer foods, manufactures Ramen noodles at plants in Irvine, CA, and Richmond, VA. The company trades on overseas exchanges, the Tokyo Stock Exchange being one of them.

Over the last five years Toyo Suisan (ticker symbol 2875) has consistently outperformed the Nikkei 225 Average index, according to market data on the Financial Times website. The consensus forecast among 10 polled investment analysts rate Toyo Suisan as a “buy,” and that the stock will outperform.  Businessweek notes that $10,000 invested in Toyo Suisan in 2005 would be worth $16,795 today—a 68 percent increase.

If I can’t make it as a writer, I now have the confidence to chomp for a stock picker spot on CNBC. Let me know if you invest, or would rather come over for a bowl of Ramen noodles, which is a poor person’s impulse buy.

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One Response to “Day 8 — Ramen Noodles”

  1. Roger says:

    I just bought 99 Cents Only Stores stock (NDN)

    … lol

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