10 Best Cookies and Crackers Stocks to Buy

8. TreeHouse Foods, Inc. (NYSE:THS)

Number of Hedge Fund Holders: 15

TreeHouse Foods, Inc. (NYSE:THS) is a leading private brands snacking and beverage manufacturer in North America. The company’s portfolio includes cookies, crackers, non-dairy creamer, hot cereal, pretzels, and unique candy products among others. The firm is in a good position across attractive snacking and beverage growth categories fueled by strong consumer demand trends.

THS serves as the supply chain for North America’s biggest and best grocery, club, and e-commerce brands since it is a private brands manufacturer. Private brands are a significant element of grocery retailers’ strategies and enable grocers to drive loyalty among consumers and differentiation across the retail landscape. Thus, TreeHouse Foods, Inc. (NYSE:THS) is pursuing growth across private brands which remains a long-term fact because private brands’ dollar share of consumer packaged goods has been rising over the years. Although the operating environment has recently been challenging for the firm, the compelling opportunity for private brands growth, which continues to benefit from enhanced retailer investment and consumer tailwinds, is intact.

Additionally, TreeHouse Foods, Inc. (NYSE:THS) is successfully pursuing its long-term strategy to build capabilities in its higher-growth, higher-margin categories. Recently in December, the firm strengthened its competitive positioning in the fast-growing tea category as it decided to acquire certain subsidiaries that operate the private brand tea business of Harris Tea, a leading US private brand tea manufacturer.