BellRing Brands Update
I originally posted about BellRing Brands when it was at $8. I decided to buy some shares. I thought the stock was worth between $12-$13. I exited my position at $12 for 50% nominal return. The stock is currently at $13. The stock is probably not a buy at that price. However, if you think it will continue its climb I would be willing to entertain your rationale.
I wasn’t sure when the stock would move but the investor pessimism was too strong. This wasn’t a buy and hold but a nice ride.