Stockchase Opinions

Pete Najarian Hostess Foods TWNK-Q BUY Oct 11, 2021

He bought November 20 calls and will sell upside against it.

$18.420

Stock price when the opinion was issued

food processing
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BUY
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.
BUY

Up 17% YTD and part of a broader bull market in snacking. They reported a solid quarter last month.