Stephanie Loiacono, CFA, research analyst for Cronus Capital Markets, reportedly issued an update report featuring Nascent Food Service. Nascent is the only nationwide distributor of imported products in Mexico. It’s key focus is on importing food in addition to beverage products from around the world using multiple channels including supermarkets, convenience stores, independent retail accounts, restaurants, hotels, and bars.
Nascent Food Service was founded seven years ago and has been committed to its goal of acquiring the most profitable and well positioned distributors in Mexico with the most excellent food and beverage portfolios. Within the report, the analyst stated, “The Company is poised to benefit from the large and growing import market in Mexico, as well as its exclusive distribution agreements and smart acquisition strategy in a consolidating industry.”
She continued to say, “NCTW shares look attractively priced to us at current levels, with more upside potential than downside risk.” A copy of the full report can be found at the following link: Nascent Food Service, Inc. Research Report
Cronus Capital Markets is a global investment information firm that is focused on strategically producing and introducing information on equity market opportunities through multiple forms of analytics and worldwide distribution. The firm’s equity indexes are internationally known and are characterized with key new benchmarks of growth.
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