Vital Farms: An Ethically Sourced Moat

I'm initiating a buy on Vital Farms (NASDAQ: VITL ) with a fair value of $40/share due to their surging sales growth and expected increase in their supply chain. With a 30% undervaluation and a brand that's pulling away from theI am a deep-value investor focused on uncovering alpha in overlooked areas of the market. I seek opportunities that are often neglected due to market noise or hype. My investment approach is sector-agnostic; I invest in companies across various industries, provided I thoroughly under ...