LW - JPMorgan says to play offense with food stocks like Freshpet and BellRing

JPMorgan says it is starting to lean into what it sees as a  key theme for 2021, which is to continue owning inherently higher-growth stocks.In the food sector, that means higher conviction for Overweight-rated stocks like BellRing (BRBR), Freshpet (FRPT), Hostess Brands (TWNK), Lamb Weston (LW), Mission Produce (AVO), Mondelez International (MDLZ) and Hain Celestial (HAIN).Goldman and team do not see quite enough upside to warrant an Overweight rating on Hershey (HSY), they express some confidence by saying they would rather own the stock for the near-term than the opposite.What about taking shelter with traditional low-growth dividend payers?"We believe that as an economic recovery approaches, investors will shy away from some food companies with historically challenged top lines... As a general rule, we think it makes sense to be on the growth side of the spectrum next year; investors to not need to be defensive."More details on JP's big upgrade

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JPMorgan says to play offense with food stocks like Freshpet and BellRing