10 Best Short-Term Stocks To Buy Right Now

5. B&G Foods, Inc. (NYSE:BGS)

Last 52 weeks return: -34.44%

Last 1 month’s return: 20.90%

No. of hedge fund portfolios: 19

B&G Foods, Inc. (NYSE:BGS) is a leading food company engaged in the manufacturing, selling, and distribution of branded shelf-stable and frozen foods. This includes various products like canned goods, spices, sauces, and cereals. The company runs its business operations from its headquarters located in New Jersey, United States. It serves many regions across the globe, including Canada and Puerto Rico.

B&G Foods, Inc. (NYSE:BGS) saw a decline of 34.44% in its value during the last 52 weeks ending March 14, 2025. The negative growth resulted from declining sales caused by the company’s divestiture of its Green Giant U.S. shelf-stable product line in late 2023. Additionally, the company noted recorded impairments across a group of four brands, including Green Giant, Victoria, Static Guard, and McCann’s.

However, last month’s return for the company saw an upward trend, reaching 20.90%. A 5% increase followed the trend in the net sales of the spices and flavor solutions business unit, which contributed to B&G Foods, Inc. (NYSE:BGS)’s fourth quarter overall net sales of $551.6 million, meeting the analysts’ expectations. Debt was also reduced from $2.05 billion to $1.994 billion at the end of the fourth quarter of 2024. The company’s SMA further sees a short-term upward trend of 6.11% (20-days) against a longer-term downward trend.

With 19 hedge funds from the Insider Monkey database backing the stock at the end of Q4 2024, a strong institutional interest can be recognized, signaling the need for the stock’s entry into the 10 best short-term stocks to be bought.