Turning Point Brands: Growth In Disguise (Rating Upgrade)

Company Overview - Turning Point Brands, Inc. (NYSE: TPB) specializes in selling tobacco rolling paper, nicotine pouches, and other nicotine products [1] - The company is expected to report its Q3 results near the end of October [1] Investment Philosophy - The investment approach focuses on identifying mispriced securities by understanding the drivers behind a company's financials, often revealed through a DCF model valuation [1] - This methodology allows for a flexible investment strategy that encompasses various prospects of a stock, assessing the risk-to-reward ratio [1]