|
|
|
|
||
BGS hits new low today...$24.08.... Div. $1.90. Y 7.02% Buys small division Green Giant that fits into the GG they have alreadyI thought perhaps that the market did not like this purchase. -but BGS competitors also fell down . The Selling had a large volume today. something of concern... the profit margin is 3.30%. ... that has to get better in this market. Also no info for FCF. This takes a strong knowledge of the past and up to the current expansion to buy this stock. Like so many other companies, the uncertainty in the market with the certainty that inflation and higher tax rates means you cannot compare today to prior years being so different. It comes down to the management efforts and results if you are willing to take the risk. One good point... the stock is today hitting a new low making the div. yield higher. In many other sectors the competition is keen since they too have lower stock prices and higher yields and OK but not great comparisons. This current opportunity with its low stock price and new Green Giant addition from Growers Express is a better buy now than the last couple of years....if you understand the risk today's stock market turmoil . I have put BGS on my radar and will decide to buy or not this next coming week. Food stocks are usually able to cope with inflation ***PinewoodsBear*** |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
880 | Re: BGS hits new low today...$24.08.... Div. $1.90. Y 7.02% Buys small division Green Giant that fits into the GG they have already | RJCogburn64 | 2 | 5/7/2022 5:35:17 AM |
881 | Re: BGS hits new low today...$24.08.... Div. $1.90. Y 7.02% Buys small division Green Giant that fits into the GG they have already | lumpygravy | 1 | 5/7/2022 6:16:06 AM |
885 | Re: BGS hits new low today...$24.08.... Div. $1.90. Y 7.02% Buys small division Green Giant that fits into the GG they have already | PinewoodsBear | 0 | 5/17/2022 9:51:39 AM |