Topic: How To Invest

Q: Thanks for all the sound advice for my portfolio! Can I get your recommendation on Premium Brands (PBH)? Thanks again.

Article Excerpt

A: Premium Brands Holdings Corp., $88.24, symbol PBH on Toronto (Shares outstanding: 44.4 million; Market cap: $3.9 billion; www.premiumbrandsholdings.com), is a specialty-food manufacturing and distribution company based in Richmond, B.C. In Canada, the company has operations in B.C., Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Nova Scotia. In the U.S., it has operations in Arizona, Minnesota, Mississippi, Nevada, Ohio, and Washington. It serves over 22,000 customers. Premium operates through two segments: Specialty Foods, and Premium Food Distribution. Specialty Foods supplies 63% of Premium Brands’ revenue and mainly serves food sellers such as delicatessens, specialty grocery chains, convenience stores, national and regional grocery brands, and warehouse clubs. The company has 39 brands of Specialty Food packaged products. It makes premium processed and natural meat foods under such brands as Belmont, Harvest, and SJ Fine Foods. It also makes specialty deli products under the Expresso, Grimm’s Fine Foods, and Piller’s brands. Its McSweeney’s brand makes meat snacks, while its Made Rite brand makes beef jerky and Halal…