5 Things to Know About B&G Foods Stock
You have to eat -- it's a basic fact of life. That's one of the big attractions of stocks like B&G Foods (NYSE: BGS), which makes a variety of items for the grocery store shelf. Food-making giants are generally slow and steady performers, a profile which attracts conservative investors. But B&G Foods is smaller and does things a bit differently from its larger brethren.
That's both good and bad, and more aggressive investors might find the stock of interest. Here are five things you'll want to know about this stock before investing.
The largest food companies own iconic brands and have the financial wherewithal to support massive advertising and distribution networks. It is hard to unseat such companies, which are vital partners to grocery stores. But not all of the brands these companies own are top-level performers, with out-of-favor nameplates often getting less support than better performers. Consumer staples companies are always pruning brands and adding new ones to the mix.
Source Fool.com
