Sell TreeHouse Foods (THS)
I’m recommending that we sell our position in TreeHouse Foods (THS).
As part of our ongoing portfolio cleanup, I’m placing TreeHouse on a sell as the stock is still facing cost-related headwinds that may not be diminishing as quickly as many analysts previously forecast. What’s more, the stock has been in the portfolio for three years and hasn’t made any meaningful progress over that time.
With our latest move, we will be exiting the stock at slightly above breakeven. SELL
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