#9 - Turning Point Brands, Inc. (NYSE:TPB)
Turning Point Brands, Inc. (NYSE: TPB) – Think of TPB as the little engine that can. It is a $600 million small-cap stock that you may never have heard of. However, it makes its money through the sale of some of our country's most recognizable chewing tobacco and rolling paper brands. Because they derive much of their business from the U.S. market, their stock is largely protected from international disputes, which is what a tariff ultimately boils down to. Although they are a loud voice against the Trump tariffs as it relates to their vaping business, Turning Point Brands is benefiting because of its primary role as a defensive stock in the tobacco industry. The company has an expected earnings growth rate of 50 percent which shatters the industry average of 10.7 percent. Year-to-date the stock price is up 47.6 percent for the year, in contrast with the industry average of -21.9
About Turning Point Brands
Turning Point Brands, Inc, together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and Creative Distribution Solutions. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand.
Read More - Current Price
- $57.14
- Consensus Rating
- Buy
- Ratings Breakdown
- 5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $68.75 (20.3% Upside)