Apr. 30 at 9:22 PM
Encouraging price action in
$CAG $CPB and
$GIS today. Finally getting bid up off generational lows, in my view.
Those who follow me know I'm long... written the thesis on all three. Months of GLP-1 panic, private label share, and inflation hand-wringing got these names priced like the brands themselves were going away. They're not. The tape today is what exhaustion looks like before it turns.
Positioned and patient.
