$NGTF Breakout Points to 75%-100% Initial Upside Target
NGTF
breakout continues... downtrend line is toast, Bullish MACD divergence in the base, upside target above $0.50 on initial extension. -----------------------------------------------
A Billion Dollar Company in a $20M Disguise?
• Disruptor in multi-trillion dollar food and beverage space with credible and unique solution to mainstream problem
• Award-winning core product developed by legitimate globally-recognized experts in nutrition and sleep science
• Sequential q/q growth of 275% in revenues and 256% in cash reserves
• Nightfood Ice Cream featured on Today Show, Oprah Magazine, the Wall Street Journal, CNN, USA Today, Washington Post, Food Network, Fox Business, People Magazine, and Fast Company
• Has won multiple awards, including 2019 Product of the Year in the ice cream category in a Kantar survey of 40,000 consumers, as well as the World Dairy Innovation Award for Best New Ice Cream of 2019.
• Similar brand recently acquired for over a billion dollars by Unilever
NGTF is about growth and growth potential for an ice cream start-up with strong traction and truly unique market positioning – while it has won awards just for flavor, it also stands out in the market as a potentially dominant product in a new niche: nighttime foods.
Nighttime foods is emerging as a niche as we learn about how metabolism and psychology around foods is different around bedtime and in terms of what sorts of foods help people sleep well.
NGTF has optimized this niche in the ice cream category, which is a $9.7B market inside of the $9.5T global food and beverage market.
NGTF is similar to two other brands: Halo Top Creamery and Talenti, both of which grew from levels similar to where NGTF is now to a billion dollar value in a very short span of a few years.
NightFood Ice Cream is blowing up: it has recently been featured on the Today Show, Oprah Magazine, the Wall Street Journal, CNN, USA Today, Washington Post, Food Network, Fox Business, People Magazine, and Fast Company.
The company now has an agreement with a firm that executes in-store promotions in Stop & Shop, Giant, Food Lion, Albertsons, Safeway, Shaw’s, Jewel-Osco, Kroger, Harris Teeter, Ralph’s, Fred Meyer, Lowes Foods, Publix, H.E.B., Wakefern, ShopRite, and Hy-Vee supermarket chains.
It also has a sales director with blue-chip experience and has already moved onto the shelves of multiple top 10 US supermarkets in a permanent capacity.
So there’s traction here in a unique corner of a high-potential market niche with past successes that demonstrate the remarkable possibilities here