Opinions Pete Najarian
Hostess FoodsTWNKBUYOct 11, 2021
Pete NajarianUnknown
$18.42
Stock price when the opinion was issued
$33.30
As of Nov 06, 2023. Market Open.
food processing
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Makes popular snacks like Twinkies and Ding-Dongs. They've been since going public in 2016, but just reported an impressive quarter boasting 20% topline growth. As people can't eat outside in cold weather, eating pre-packaged food, including snacks will be popular during the winter of Covid coming. It's back to its highest level since January. It trades at only 16x next year's earnings estimates.
food processing
He bought November 20 calls and will sell upside against it.