BIG MONEY!!! B&G Foods Investor Price ForecastB&G Foods, Inc. is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar. Its brands include Back to Nature, Bear Creek, Cream of Wheat, Green Giant, Mrs. Dash, and Ortega. The company was founded in 1889 and is headquartered in Parsippany, NJ.
Opionion:
I believe the overall market may have a little more shorting to do with a beta of 0.4
i dont worry too much bout how much the dip gone yield
all i know is im seeing a potential 116% (least case) to 386% in the long run way better than $K (kellogg)
SENNA SEASON
BGS trade ideas
Juiced Up Packaged Food - B&G FoodsWho would've thought a packaged food brand would rise 300% in the last year while paying over 6% dividend?
B&G Foods owns several popular grocery store food brands like: Green Giant, Cream of Wheat, Crisco, Weber, and so many more. With so many people cooking from home over the past year, BGS stock has exploded in popularity. Will this stock continue to trend up towards old highs of $50+?
I increased my position in BGS last Thursday, March 4th, after the stock price came down and hit my dotted trend line and the bottom of the envelope. Considering the current chart pattern, BGS looks like it could be at a resistance point. If BGS can break through the $31.50 resistance level, $33.30 looks to be the next resistance (the top of the envelope). If the price fails to break through the $31.50 level, look for resistance at $28 (the floor on the dotted ascending trend line).
Here are some interesting key statistics to consider:
- The 52 week low on BGS is $10.39
- $2 billion market cap
- 6.16% dividend yield (Compared to competitors: MDLZ - 2.27%, CAG - 3.05%, GIS - 3.55%, K - 3.87%)
- 15.08 P/E (Compared to competitors: MDLZ - 22.44, CAG - 15.85, GIS - 14.72, K - 16.28)
- Debt/Equity 284.79 (Compared to competitors: MDLZ - 76.11, CAG - 112.64, GIS - 147.92, K - 223.96)
- 29.61% of float is short (Compared to competitors: MDLZ - 0.97%, CAG - 3.46%, GIS - 3.91%, K - 8.25%)
While there is still a significant percentage of the float short, which raises a red flag, the brand's BGS own are household staples for many Americans, and I believe these brand's will continue to grow in popularity over the years to come. And, with a 6.16% dividend yield, this stock presents a great opportunity to earn some cash flow each quarter.
B & G FOODS Title DailyHey people, B & G FOODS is in a bullish movement with a large volume of sales issued and a hammer bear shaped candle. On the TIMEFRAME M1 show a dash of buyers who want to go to the VWAP for the broken one. great possibility of going to the next high which is also the TIMEFRAME H4, which is half of the median of PICHFORK. And if the buyers are really back, test the top next.
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BGS: This has broke past the long term resistance line, retestedit, and well on its way to Fib 1.618 extension of wave 1. Throughout the recent selloff, BGS had more than held its own. Food is a winning sector in the Covid-19 era. This is a winner and keeper. I tried trading this a few times only to regret having to buy back in at a higher price.
Recently CLOSED Trades - Stock Trading RecapHello everyone,
I have got here for you some of our recently closed trades on our long-term strategy. Check in the video how we analyzed the markets, what was the logic behind and how the trades developed eventually.
Tickers:
NASDAQ:MRTX
NYSE:AQN
NYSE:BGS
John
FINEIGHT Team
Trade Journal: Long $BGS - 4/28/2020Yesterday, I pointed out this flag pattern forming on BGS on the 65m timeframe. BGS had broken out and had been consolidating tightly. This was a potential short squeeze candidate as BGS has a 26% short interest. I was looking at buying this stock above 19.30 and the trade triggered right at the open today.
Entry - 19.49
Stop Loss - 18.48
Target - 25
After buying BGS this morning, BGS had an nice run all day and closed near HOD. I moved up my stop loss at the close to 19.40, right under the gap up.
BGS UpdateRemember we made money off of this the last 3 earnings? This time around it looks like it wants to make a run before earnings.
No active position, but I'm glad for BGS shareholders, this stock has been beaten down by short sellers for a while now.... time for revenge.
Note: This is a decent stock for long term hold now that short sellers are bailing. High dividends.
BGS finaly profitable tradeBig pictrue of fundamental analysis and technical analysis. fear of corona was a little smalar last three days, but probaly will effecto on fundamentals
Write sometning about your psyhology thinking before trade? stable
Describe the trade. What you see? price si on the important resistance levle on a channel down
Write why you want to enter the trade in this point? reistance volume, rsi
What have I done well for this trade? enter accordig to toplogy of the market
What can I take away to help with later trades? even if htere is a strong trend try to make an analyse an enter accorditng to them not on gut filling
B&G Foods Trendline Trade
Major trendline upside target
40% short interest could fuel the rally
Company profile
B&G Foods, Inc.is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar. Its brands include Back to Nature, Bear Creek, Cream of Wheat, Green Giant, Mrs. Dash, and Ortega. The company was founded in 1889 and is headquartered in Parsippany, NJ.