This is the sort I use> + 2colors View Product Details Master-Touch Charcoal Grill 22" 3.6 out of 5 Customer Rating 4.7 $269.00--- That's what a grill should cost.
It's kind of funny but this Grilling is like Pelaton-- Pandemic made people cook more..... Financial results Weber has a long track record of consistent revenue growth, generating a compound annual growth rate (CAGR) of 10%, going all the way back to 1980. Spurred on by the lockdowns resulting from the pandemic, many people turned to outdoor grilling in lieu of going to restaurants. For the 2020 fiscal year (ended Sept. 30, 2020), revenue grew 18% to $1.53 billion, while net income jumped 77% to $89 million. The growth spurt has continued this year. For the six months ended March 31, revenue surged 62% year over year to $963 million, while net income more than tripled to $74 million. Is Weber a buy? It's important to note that while Weber has a long track record, it's not without risk. Prior to the pandemic, sales growth had reversed course. In fiscal 2019, sales of $1.3 billion slipped 3% year over year, while net income slumped 56%. While Weber's growth has been nothing short of phenomenal over the past 18 months, it could potentially come to a screeching halt as the economy begins to open back up. The current growth surge will also make for difficult comps in the upcoming quarters. Additionally, Weber will have a dual-class share structure that will keep control of the company away from investors and firmly in the hands of BDT Capital Partners, which will control more than 70% of the voting rights of the company.
Welcome to the ‘Traegerhood’ I pound my meat with this mallet. I'm skinny... look at me I grill and I'm skinny. With an estimated 3% share of the US Gril market... It's almost a sex cult. “Some 80% of Traeger owners have recommended the brand to an average of six other people. Traeger community members love to share.” A Traeger allows people to cook on real wood which imparts a unique flavor to food and it can do more than just barbecue and grill, but to smoke, bake, roast and braise. Traeger owners cook on their grill an average of once every six days, or 56 times per year. And unlike other grills which sit idle during the winter months, Traeger owners continue to cook about once a week from November to February with Thanksgiving, Christmas and the Super Bowl key days to cook with a Traeger. Why this is a better investment that Weber- And because of the consumable nature of the wood pellets used to fire a Traeger grill, the company has built-in, recurring revenue from their sales. It’s wood pellets are 100% hardwood and sustainable because they are made from sawdust and other byproducts of the lumber industry, which would otherwise go to waste. Some 22% of Traeger revenues last year came from sales of pellets and other consumables, like sauces and rubs. Traeger, Inc. (COOK) NYSE - NYSE $26.18+0.65 (+2.55%)
Hey Van -- I looked up analyst actions on Traeger and I see a whole flurry of initiations it says Monday... Today is Sunday I'm 90% sure. Do they mean last Monday? Or Pre published for tomorrow because I have about 7!!!!!! Traeger initiated with an Outperform at Telsey Advisory 07:41 COOK Telsey Advisory analyst Joe Feldman initiated coverage of Traeger with an Outperform rating and $30 price target.
The Savant says COOK is a buy. Because this all started with me staring out my window at my greasy Weber.... Then the research then the analysts all chirping in.. it all collides in a mystical way.... Savant
I guess Podcasts are cool but little tiny AM stations are cool too. Years ago (1990's) there used to be a really sketchy investment show that was on a low band Long island radio station and I would get it out at the beach in fire Island late at night it was set up like one of those medical shows that sells sketchy vitamins. They pushed the most risky Nasdaq stocks! It was crazy everything paid for and sponsored... but two guys who were a lot of fun to listen to who apparently had a lot of small cap experience. Van And The Savant WFMQ Midnight... 88.6...
Traeger initiated with an Outperform at Baird 04:37 COOK Baird analyst Peter Benedict initiated coverage of Traeger with an Outperform rating and $32 price target. The company is is "uniquely positioned to capitalize on the ongoing secular disruption" of outdoor grilling, Benedict tells investors in a research note. The analyst says Traeger's cloud-connected cooking platform and consumables mix "fuel a consumer engagement flywheel" which supports management's financial targets
Omg.... gimmee a break Stoney. First of all, Cramer has only mentioned this stock about 300 times in the last 2 weeks. How many times did he mention our REAL growth stock EVLV? And POWW. And CPNG. Sometimes I wonder. It's funny, you hate Cramer and I love the guy.... but at the same time.... I'll be the first to say he has the same level of horse-sense when it comes to Peter Lynchian insight as you do. -Clive