While most investors are rattling their brains trying to figure out what the next big sector breakout will be, or what industry will end up doubling… I always tell my readers to go for the lowest-hanging fruit.
Most people tend to overanalyze and create a ton of unnecessary “what if” scenarios when it comes to the stock market.
But the most important thing I’ve learned is to go for the idea with the least moving parts.
In the weeks ahead, we have two of the most popular holidays of the year… And with COVID-19 infection rates declining, it looks like people will be traveling and enjoying dinner with family again.
That’s why I’m focused on tasty food stocks for the 2021 holiday season…
2 Tasty Food Stocks for the 2021 Holiday Season
Now, the less moving parts there are, the less things can go wrong. And the less things that can go wrong, the higher the odds our plans will work out.
This idea is also one of the things that determines Warren Buffett’s investment approach… He goes for the idea with the least components.
I mean, the majority of his investments like Coca-Cola or bank stocks can quickly be explained, and involve very few steps.
It’s just that simple, folks…
That’s why Flowers Foods Inc. (NYSE: FLO) is the first food stock for the 2021 holiday season.
It’s one of the largest producers and marketers of packaged bakery foods in the U.S. Its products include national brands like Nature’s Own, Dave’s Killer Bread, Sara Lee and Wonder Bread, Tastykake and others.
FLO’s $5 billion market cap tells me the stock has substantial upside, and could even be a takeover target for a larger food company.
I have a price target of $30 per share over the next quarter.
Check out my short video below to learn more about this food stock for the 2021 holiday season and to get the next one on my list.
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