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Enter Symbol:
 
Snyder'S-Lance Inc (LNCE) [hlAlert]

Rating:
Buy LNCE
up 53.47 %

Lance, Inc. (LNCE) rated Buy with price target $30 by Davenport

Posted on: Friday,  Jul 23, 2010  9:25 AM ET by Davenport

Davenport rated Buy Snyder'S-Lance Inc (NASDAQ: LNCE) on 07/23/2010, when the stock price was $21.88. Since
then, Snyder'S-Lance Inc has gained 53.47% as of 12/29/2015's recent price of $33.58.
If you would have followed this Davenport's recommendation on LNCE, you would have gained 53.47% of your investment in 1985 days.

Lance, Inc., manufactures, markets and distributes a variety of snack food products, including sandwich crackers and sandwich cookies, potato chips, crackers, cookies, other salty snacks, sugar wafers, nuts, restaurant-style crackers and candy. In addition, the Company purchases certain cakes, meat snacks, candy, restaurant style crackers and salty snacks for resale. Products are packaged in various single-serve, multi-pack and family-size configurations. Lance manufactures approximately 97% of all of the products it sells and the remainder is purchased for resale. In March 2008, the Company acquired privately held Brent & Sam's, Inc., a producer of branded and private-label gourmet cookies. In December 2008, the Company acquired Archway Cookies, LLC.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/23/2010 9:25 AM Buy
None
21.88 30.00
as of 12/31/2010
1 Week down  -8.02 %
1 Month down  -6.02 %
3 Months up  3.28 %
1 YTD up  0.54 %

(*) Stock Price at the time of the recommendation.
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