TreeHouse Foods, Inc. (THS)

Activist Jana Partners takes a position in TreeHouse Foods .  

Repeating for emphasis.  I am no longer in , , , , , , , , , and .

* Ss over Ns yesterday * I remain negative on the market outlook Yesterday's market action was eventful - with the Nasdaq exhibiting about a -230 handle loss.  NYSE Composite breadth was modestly positive (1620 to 1540) - not bad relative to the Nas...

* Based on reward vs. risk I plan to eliminate this name * I currently plan to hold on to Smucker and Kraft Heinz  Since early November the shares of TreeHouse Foods have risen from about $34/share to over $44/share.  Given the company's fundamental...

* My continued mantra is less pontificating and more trading/investing * Considering a short in SPY and QQQ on further strength   * Breadth disappointing (negative - 1475 advancers, 1565 decliners on the NYSE) relative to +25 S&P and +210 Nasdaq * I...

* Ss (S&P) over Ns (Nasdaq). Again and for the second day in a row. * Breadth was 2-1 positive. * Bonds continue to get smoked - higher in yield, lower in price. ( - $1.25/share). * Crude +$1.22/barrel. * Gold +$21.70. * FAANG plus M(SFT) weak, agai...

* Strong EPS beat * I am sticking with this inexpensive stock as I expect the trend to private label to continue TreeHouse's EPS of $0.71 was a nice beat relative to consensus of $0.63-$0.65. The driver was strong (+28%) EBIT growth as fixed cost le...

Coming up this morning I will have a summary analysis of the recently reported quarterly results of TreeHouse Foods , General Motors , and Papa John's .  They are all good.  

I am pressing the following value based longs: , , , , , , , and . Please note - regarding the pivot from growth to value - that the following growth stocks are lower in a sea of green: , , , , . __________  Long GOOGL, AMZN (large), VTV (large), VB...

* Some laggards that I have been buying "Well, I've spent a lifetime lookin' for you; singles bars and good time lovers were never true. Playin' a fools game hopin' to win; and tellin' those sweet lies and losin' again. I was lookin' for love in all...

In response to some email questions... very recent buys include , , , , , , , (upgraded), , , (I wrote several columns on the company yesterday), etc. __________  Long SJM (large), THS (large), GS (large), MS (large), GLD (large), WMT, GM (large), K...

I just added to and .  

* This is not your father's market -- as old rules don't apply   If your trading and investment decisions are based solely on price action (and charts) you should stop reading this column!   Since two Wednesdays ago, I have been looking for a series...

* My revised levels I don't want there to be any ambiguity about the size of my positions or about my buy and short levels as I strive for as much transparency as possible. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...

TreeHouse Foods  reported an eight beat to consensus expectations but the quality of the profit report was mixed.  Gross margins expanded by 30 basis points and EBITDA +6.5%.  Organic sales growth was only about +4% compared to projected +7% as ther...

* After "playing" the rally off of the March lows (with plenty of longs) I have recently (again) gotten net short of exposure To summarize some my recent activity: * I took off numerous investment longs (for profits) into the rally -- including , , ...

Yesterday, Tim "Not Judy or Phil" Collins looked constructively towards Kraft Heinz on a technical basis. I remain optimistic on the fundamentals of KHC and other packaged foods stocks (e.g., and ).

Something feels "wrong" about this market.  Mr. Market is remarkably bifurcated, there is insane speculation in worthless securities and the breadth seems "shaky" -- among many other issues. I ended the day much shorter than I started the day. Jay P...

With the exception of a short and an elimination of my holdings - I have done little this morning. * Breadth is still a strong 3.5:1. * Ss (S&P) over Ns (Nasdaq), again, and despite strong gains in Tesla and Amazon . * Bonds are quiet. (I covered my...

We are now in one of those times, like 52 years ago in 1968, that we and our children will always remember. Many of us have spent the weekend watching America burning in despair. As I write this missive, an extended portion of I-95 (in Palm Beach) h...

* I have liquidated a lot of my long positions and have been averaging into Index shorts lately * I worship at the altar of fundamentals and not of price momentum * Monday I will present a more lengthy analysis of my concerns over the balance of 202...

Danielle DiMartino Booth on Food Storage Capacity (and by inference, the attraction of packaged food stocks -- such as Kraft Heinz , J. M. Smucker and TreeHouse Foods ): The April core CPI's decline of 0.4% was the largest ever, while the headline d...

* Big picture changes loom on the investment horizon * Many of these paradigm shifts are disruptive and market unfriendly * There will be some industry winners (healthcare/biotech, internet, packaged foods) but many industry losers (hotels, airlines...

Long, fun lunch! And the drinking might continue for a while tonite! The markets closed near the highs of the day and S&P futures are about 10 handles higher than the closing price. I am putting out more on the short side at $293.40 in the after hou...