Smart Balance: Tasty Takeover Target? (at Forbes.com)

yahoo.com     Jul 26, 2008            

Many of the most successful long-term investors, like Peter Lynch, feast during times like these when a tumbling stock market puts good companies temporarily into the bargain bin--even stocks that are putting up enviable growth numbers. Take, for example, Smart Balance (nasdaq: ), a former special purpose acquisition company (SPAC) that now markets heart-healthy foods and snacks, ranging from margarine to peanut butter and popcorn. Its stock is now off more than 30% year to date. But Jon Andersen, analyst at William Blair, is urging clients to buy shares of the company, pointing to Smart Balance's "position at the center of favorable better-for-you food trends, the brand's distinctive health credentials and the presence of a new and deeply experienced management team." Smart Balance sits atop powerful demographic and dietary... [read full story]                    


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