HLFFF - HelloFresh: Testament To The Viability Of Meal-Prep Business
Overview
HelloFresh (HLFFF) (FRA: HFG), a Berlin-based meal-prep company, presents an interesting investment opportunity. Since its IPO in Frankfurt Stock Exchange in 2017, its share price has more than tripled to reflect its strong moat and fundamentals. The management's execution has been strong as the business has become a global meal-prep market leader, including the US, in less than 5 years from its founding.
Catalyst
Beyond Q1 and 2020, we think that there are a few long-term catalysts on the stock: strong management execution, market leadership, and also international expansion.
(source: company's 2019