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A Quick look at Tootsie Roll Industries
By Unintelligent Nerd  •  March 22, 2018
Occasionally, I use Finviz to screen for stocks that are at their 52-weeks low. This time round, Tootsie Roll is one of the names that popped up.Tootsie Roll is not an unfamiliar name to me. I have been trying to familiarize myself with the names of consumer staples stocks to invest in, for their "supposedly" defensive characteristics. Often, even defensive investors ignore this counter for a variety of reasons. First, the yield is measly. At ~1% yield, yield-starved investors could find better deals in the market. Second, its growth pales in comparison to its peers. Third, the management team are very private individuals. They do not participate in earnings calls, industry conferences, etc. Thus, market participants have minimal avenues to pursue as to what are the plans the management have for the future as well as the trajectory that the company is taking. There is also the issue of leadership...
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By Unintelligent Nerd
A nerd's take on personal finance and investment.
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