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home / news releases / TR - Tootsie Roll Is A Great Bond Substitute

TR - Tootsie Roll Is A Great Bond Substitute

Tootsie Roll Industries Inc.
  • I like the fact that management seems to throw their pennies around like manhole covers, and I really like the sustainability of the dividend.
  • The shares are now less than half the valuation they were trading at when I last looked in on the name, and that has me intrigued.
  • I'll be taking a small position in the name and will be selling some "Hail Mary" puts in hopes of adding at even cheaper prices.

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Tootsie Roll Is A Great Bond Substitute
Stock Information
Company Name: Tootsie Roll Industries Inc.
Stock Symbol: TR
Market: NYSE
Website: tootsie.com
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