Past and Top PickLast stock in the clip; he and his family also own the stock personally. GLTA
https://www.bnnbloomberg.ca/video/teal-linde-s-top-picks~2322873
Premium Brands (PBH TSX) – last purchased on Nov. 2, 2021 at $133.96
Premium Brands is one of Canada’s largest food companies and one of North America’s largest sandwich companies. The company is an investment platform which is focused on acquiring and building specialty food businesses in partnership with talented entrepreneurial management teams. Once acquired, the objective is to turn these well-run, good companies into great companies by providing additional capital and marketing expertise to support growth. The company owns over 50 different brands including Freybe, Duso’s, Oberto, Grimm’s, Bread Garden Go and many other specialty food companies, which are privy to industry tailwinds including increased ingredients transparency, on-the-go consumption, local sourcing and products that are free from antibiotics and unnatural/artificial additives. The company has long term track record of delivering double digit annualized returns. During inflationary times, food business enjoy particularly strong pricing power as everyone needs to eat.
PAST TOP PICK
Premium Brands Holdings Corp(PBH-T)
14/11/2021 at 07:00pm
(A Top Pick Nov 16/20, Up 39%) They have done well as a growth through acquisition company with organic growth of 7% as well. Food stocks are good in an inflationary environment.
FOOD PROCESSING
Teal Linde
$131.350
Owned
TOP PICK
Premium Brands Holdings Corp(PBH-T)
14/11/2021 at 07:00pm
He is sticking with it. 7% organic growth plus acquisitions. In inflationary times, they are able to increase prices because people have to eat. As people start to travel more, they benefit. (Analysts’ price target is $147.09)
FOOD PROCESSING
Teal Linde
$131.350
Owned