HLFFF - HelloFresh SE: A Top GARP Idea And The Clear Winner In The Meal Kit Category
- HelloFresh SE is the clear winner in the meal kit category with top-of-class sales growth, consistent profitability, and a growing international customer base.
- Despite shares quietly appreciating more than 270% YTD, this company still posts an active valuation compared to peers leaving ample room to continue its run.
- Investors previously burned by Blue Apron will be comforted to learn this company is unencumbered by the restrictive debt covenants the hinder Blue Apron's ability to grow.
- This is a top idea going into early 2021 with more approximately 50% upside potential per my calaculations.
- Initiating very bullish, 2021 PO $112.
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HelloFresh SE: A Top GARP Idea And The Clear Winner In The Meal Kit Category