SMPL - 3 Hot Growth Stocks Waiting in Your Supermarket Aisle
Investors don't typically view a trip to the neighborhood grocery store as an opportunity to do some field research for promising growth stocks. Supermarkets themselves are low-margin operations, and the packaged foods companies filling the shelves are typically sleepy businesses. However, take a closer look at some of the merchandise and you'll find a couple of companies coming through with some impressive growth rates.
Beyond Meat (NASDAQ: BYND), Simply Good Foods (NASDAQ: SMPL), and Freshpet (NASDAQ: FRPT) are three companies with products you'll find at a supermarket near you. They are posting double- and, in one case, triple-digit revenue growth. Let's fill that empty shopping cart with some surprisingly strong growth stocks to check out.
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