Nomad Foods Limited (NOMD): A Bull Case Theory

We came across a bullish thesis on Nomad Foods Limited (NOMD) on Substack by Nicolas Boudreau. In this article, we will summarize the bulls’ thesis on NOMD. Nomad Foods Limited (NOMD)'s share was trading at $19.55 as of March 20^th. NOMD’s trailing and forward P/E were 12.77 and 11.14 respectively according to Yahoo Finance.

[caption id="attachment_1208688" align="aligncenter" width="768"] An aisle lined with shelves of fresh and frozen foods in a supermarket store.[/caption]

Nomad Foods is a leading European frozen food company, known for brands like Birds Eye, Findus, and...