Snyder's-Lance, Inc. (NASDAQ:LNCE)

CAPS Rating: 4 out of 5

The Company manufactures, markets and distributes a variety of snack food products.

Recs

2
Player Avatar shark280 (< 20) Submitted: 8/8/2007 2:08:27 PM : Outperform Start Price: $17.63 LNCE Score: +25.75

This company has the best snack cracker in the market and owns over 50% of this sector. It has retooled all of its senior mgmt over the last two years and has spent as much time getting rid of the dead wood and establishing best practices. It is poised to push through 30 by spring 2008. The new mgmt have a goal of being a 1 billion dollar company by 2010. The CEO was an acquisition expert for Coca Cola and has already successfully acquired Toms Snacks and integrated it into its operations in record time proving that this new team has the right stuff. I see additional acquisitions in this companies future and a growth unparalleled in the snack food sector.

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