NESTLE a BUY

That UBS piece on crowded trades shows Nestle as a crowded underweight and with what the sector has done and how far ahead of itself the mkt has got I think it is a decent BUY.

Lets not forget the new CEO as a catalyst too as he will aim to boost shareholder returns by expanding margins and re shaping the portfolio. He starts in Jan 2017 and is the first external CEO for almost 100 years….time for change.