CHPT - ChargePoint Callaway Golf Bloomin' Brands and Whole Earth Brands land on top stocks list at Jefferies
A few consumer stocks make a list pushed out by Jefferies of the top single stock ideas. The selected stocks are seen having exceptional upside, leveraging the recovery, structural growth and co-specific catalysts. The Jefferies team says the companies now appear substantially cheaper than earlier in 2021, when stock prices were loftier and Street forecasts much lower. Bloomin' Brands (NASDAQ:BLMN) - Buy, price target $52: "BLMN has been our top value pick in Smid-cap restaurants, and continues to be our go-to for investors looking for real value in a well-run company that is positioned to see significant gains coming out of the pandemic. The company has done a great job with off-premise, which continues to hold up very well, and recent sales trends remain among the best in the category. Although N-T labor challenges are an obvious headwind across the industry, BLMN was one of the few companies to hold
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ChargePoint, Callaway Golf, Bloomin' Brands and Whole Earth Brands land on top stocks list at Jefferies