The hot packaged food market has cooled a bit recently, but Annie's (NYSE:BNNY)
continues to sport a rich multiple as a relatively rare high-quality
play on consumer demand for natural and organic food. Annie's isn't just
a healthy living play, though, as the company is still relatively young
and can look forward to years of product introductions and further
distribution leverage. I recognize that growth investors tend to
emphasize opportunities more than multiples, but more value-conscious
investors may not find Annie's so appealing today.
Please continue here:
http://www.investopedia.com/stock-analysis/061113/annies-still-high-growthhigh-multiple-proposition-bnny-nsrgy-k-cpb-krft.aspx
No comments:
Post a Comment