Opinions Jim Cramer - Mad Money
Hostess FoodsTWNKBUYJun 02, 2023
Jim Cramer - Mad MoneyUnknown
N/A
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
Up 17% YTD and part of a broader bull market in snacking. They reported a solid quarter last month.