BellRing Brands showed up on my screen a month ago. The stock plummeted from $60 to $8. I did some high-level analysis and determined that it was worth digging in. After further research, I came to the conclusion that investors may have been overreacting. I got in at $8 and it’s now trading at $11 for a nominal return of 37%.
I think there’s still some runway for price appreciation. I don’t expect it to reach its 52-wk high anytime soon but, there’s room for another $3-$4 movement in price.