Crunching Numbers
Long only, dividend investing, media, telecom

B&G's CEO Stepping Down At Critical Juncture

Over the weekend, we had a dinner of Chinese food. The fortune cookie that typically comes with the check had the following humorous message. It read, "Change is inevitable, except from vending machines." There was some truth on that slip of paper, and it provided me with a start to an article on B&G Foods (NYSE:BGS).

Peter Lynch, one of the most successful investors in my lifetime is often associated with the advice to buy or invest in what you know. Armed with that advice, I investigated B&G after reading about its hybrid security in a local newspaper (B&G, which is headquartered in Parsippany, NJ is not far from where I live). At that time B&G was a...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details