BERY - Fuling Global: High Growth Company With More Than 50% Potential For Price Appreciation
Fuling Global (FORK) has the potential to almost double its share price in 12 to 18 months. The stock has been slammed over the past year, down by more than 50% due to exaggerated fears around US/China tariffs impact on viability of the business model. FORK has hedged these geopolitical risks by moving production facilities to Mexico. Also, the company's eco-friendly products allow sticky contracts with all of its key customers. Furthermore, favourable US foodservice disposable industry trends should support the company's revenue and margins going forward. As investors begin to realise the