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

We came across a bullish thesis on Ingles Markets, Incorporated (IMKTA) on FlyoverStocks’ byvTodd Wenning. In this article, we will summarize the bulls’ thesis on IMKTA. Ingles Markets, Incorporated (IMKTA)'s share was trading at $61.25 as of 16^th June. IMKTA’s trailing  P/E was 18.73 respectively according to Yahoo Finance.

[caption id="attachment_1202649" align="aligncenter" width="768"] A grocery store employee stocking shelves with fresh fruits and vegetables.[/caption]

Ingles Markets, a regional grocery chain with a $1.1 billion market cap, operates 198 stores across...