Spencer Capital's Ken Shubin Stein Favorite Idea Is Winn-Dixie (WINN)

November 29, 2007 12:15 PM EST
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Today, at the Value Investing Congress meeting today, Spencer Capital's Ken Shubin Stein favorite idea is Winn-Dixie (NASDAQ: WINN). Winn-Dixie has a strong balance sheet, cheap, safe, acquisition target (southeast portion of the US only area that has not been consolidated). Good risk-reward opportunity. He also thinks that Winn-Dixie's management team, including CEO, Peter Lynch, will prove itself.

Ken says Winn Dixie is trading below liquidation value.

Winn-Dixie Stores, Inc. is a food retailer operating primarily under the Winn-Dixie and Winn-Dixie Marketplace banners.

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