Ingles Markets, Incorporated (IMKTA): A Bull Case Theory

We came across a bullish thesis on Ingles Markets, Incorporated (IMKTA) on Substack by Peter Thomason. In this article, we will summarize the bulls’ thesis on IMKTA. Ingles Markets, Incorporated (IMKTA)'s share was trading at $61.09 as of May 8^th. IMKTA’s trailing P/E was 18.68 according to Yahoo Finance.

[caption id="attachment_1214328" align="aligncenter" width="768"] An aerial view of a sprawling neighborhood with a grocery-anchored center at its center.[/caption]

Ingles Markets (IMKTA) is a deeply undervalued American small-cap grocery chain with a unique asset profile and...