No qualifying author-owned investment thesis was confirmed in this post.
no investment thesis
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J&J Snack Foods have made some great brand name acquisitions ( Dippin Dots, ICEE, Super Pretzel, etc). They have no debt. Profitable. Pay a dividend. They also have been repurchasing their shares. This last quarter 50m at avg $91/share. Yet it has fallen from a 52w high of !180<$80 as of their ER today.
Would love to hear other perspectives on why it keeps dropping or maybe if this is finally time to invest?