Better Bear Market Buy: Hostess Brands vs. J&J Snack Foods
Comfort foods tend to thrive during times of economic uncertainty, especially those that are inexpensive. Packaged foods purveyors have shown resilience throughout the pandemic and ensuing inflationary fallout.
However, to curb increased labor, supply chain, and raw materials costs, food suppliers have raised prices over the past year, which can be a slippery slope if consumers are forced to trade down for generic knockoffs.
Let's take a look at two snack food companies that have shown particular strength over the past few years, and determine which makes a better buy in today's market.
Source Fool.com
