Splash Beverage Group (SBEV) has a unique business model that can radically change the beverage industry and which has begun to bear fruit. This creates a unique opportunity for investors to capitalize on the stock.
Image Source: Splash Beverage Group
An interesting company that recently caught my interest is Splash Beverage Group (NYSE: SBEV), with a market cap of just under $100 million. At present just one analyst covers the company, EF Hutton. After the company's Q2 earnings report in mid-August, Hutton reiterated a Buy rating and set a target of $5 for the stock (which is currently hovering around the $2 mark.)
Splash has a unique business model, which for me is both an advantage and disadvantage - easier to stand out, but harder to explain. It's not specifically a beverage manufacturer, or a beverage distributor, but an "asset-light portfolio company," as Hutton calls it. Essentially, Splash has four portfolio companies at the moment - some owned outright, some licensed or partnered.
Read the full article on TalkMarkets here.
Comments
Log in or sign up to join the conversation.