It has been over 237 years since our country declared independence, although the day we celebrate was not actually the day America decided it would be independent.
On July 2, 1776, the Second Continental Congress voted to officially accept American hero Richard Henry Lee’s resolution to establish independence from Great Britain. Two days later, on July 4, congress officially approved a statement outlining the reasons behind the decision. Primarily authored by Thomas Jefferson, Americans everywhere know it as the Declaration of Independence.
If the Founding Fathers did not have the courage to go through with that momentous decision, it is likely none of us would exist. Without them, this wonderful capitalist system, which allows us the opportunity buy and trade pieces of ownership in a business through that glorious mechanism known as the stock market, would never have become a reality.
Blessed are we who have the chance to build great wealth through wonderful world of equities. Here are four items that play a big part in festivities all over the country, as well as a stock to go along with each.
Condiments
The top selling condiment in America is mayonnaise, Hellmann’s brand mayonnaise to be specific. But that brand is owned by Unilever N.V. (ADR) (NYSE:UN) and for Independence Day, only American companies will do. When it comes to American condiments, H.J. Heinz Company (NYSE:HNZ) is obviously the king. But thanks to a buyout from Berkshire Hathaway Inc. (NYSE:BRK.A), there aren’t really any profits to be made by individuals in that stock anymore.
The best selling brand of mustard in the country is French’s. Sadly, that brand is controlled by the British conglomerate Reckitt-Benckiser. But, an American company is behind our nation’s second-best selling mustard brand: Grey Poupon.
Kraft Foods Group Inc (NASDAQ:KRFT) has two brands that annually gross over $1 billion in sales. There is the company’s eponymous Kraft Foods Group Inc (NASDAQ:KRFT) brand whose products include cheese, dinners, and dressings. Its second brand generating over $1 billion in sales is Oscar Meyer. While millions of Americans may have had Oscar Meyer brand wieners this Fourth of July, they actually come in second place in terms of market share by the slimmest of margins. Speaking of those…
Hot dogs
While some see them as a grotesque display of gluttony, others somehow think is a sporting event. Hot dog eating contests have become a popular Fourth of July tradition. And even if they aren’t your thing, just having one or two tasty dogs can be a delicious way celebrate.
In the 52-weeks ended April 21, 2013, sales of Oscar Meyer brand dogs dropped 7.9%. That allowed Hillshire Brands Co (NYSE:HSH) to claim the honor of selling America’s most popular dog, its Ballpark brand franks. Hillshire Brands Co (NYSE:HSH) may have the top dog for now, but anyone who tells you that Kraft Foods Group Inc (NASDAQ:KRFT) isn’t a higher quality company is probably wrong.
Grills
Hot dogs are awesome, but without a grill, only a wild animal would want to eat them. Jarden Corp (NYSE:JAH) is the producer of the popular Coleman brand of grills.
Coleman brand grills, and perhaps to a greater extent camping equipment are immensely popular. From tents to flashlights to water heaters, Coleman makes practically everything you’d if you want to rough it in the wilderness.
