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

We came across a bullish thesis on Ingles Markets, Incorporated on Jon’s Thoughts’s Substack by Jon Chu. In this article, we will summarize the bulls’ thesis on IMKTA. Ingles Markets, Incorporated's share was trading at $68.77 as of September 24th. IMKTA’s trailing P/E was 23.08 according to Yahoo Finance.

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Ingles Markets (IMKTA) is a regional grocery chain operating primarily in North Carolina, South Carolina, Georgia, and Tennessee, known for its steady, no-nonsense,...