Perhaps oddly apropos for Father's Day: there's more news of the health effects of green tea; specifically, that compounds found in green tea may slow the growth of prostate cancer, the second leading cause of cancer death among American men.
Researchers have found that polyphenols, a green tea extract with antioxidant properties, lower the levels of proteins that tumors use to grow. While green tea may keep cancer from growing fast, they point out, it may not be able to shrink tumors. But it can be a good addition to traditional therapies such as chemotherapy or radiation.
Publicly traded green tea producers include Hain Celestial Group (NASDAQ: HAIN), producer of Celestial Seasonings teas, Unilever (NYSE: UL), whose many brands include Lipton, and the Dr Pepper Snapple Group Inc. (NYSE: DPS), purveyor of various bottled beverages.
Share prices of all three have bounced back nicely from their March lows: by 47.7% for HAIN, 43.7% for UL, and a whopping 87.8% for DPS. They all have a 12x earnings multiple, and the First Call consensus recommendation for each is to buy. Unilever is the one to take a look at if you want a dividend, and Hain has the highest long-term EPS growth forecast, at 15.3%.
So, dads, have a cup of tea and enjoy your day.
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