Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
B&G Foods is known for their unique acquisition strategy. They have a successful history of acquiring longstanding, orphaned brands that still have name recognition and spinning them back into profitability.
Over the past year, their base business has stabilized and has experienced healthy growth of 2-3% per quarter.
B&G Foods has a strong management team that is committed and responsive to shareholders.