When is time to buy Weber stock


 
S

Scott Smith

TVWBB Pro
I'm not affiliated with the company, I don't own their stock, and I could care less what you do. I offer this only in the spirit of "the price of Weber accessory XXXX on Amazon keeps dropping!"

So - about six months in and Weber stock keeps steadily dropping to new all-time lows. At some point, those of you that follow the company and believe in Weber products might want to pick some up. I'm sure a lot of you know more about the company than your average hedge fund manager.
 
The stock just went to Bullish and Buy on Etrade tracking. $12 a share was a good value considering PE ratios. The company is paying dividends already on its stock so the question comes down to you; do you see value and upside in buying at current prices? The stock is a new issue with little public history. However, they are the largest (in gross sales) of all BBQ/Grill companies in this space. And they are multinational with distribution across the globe.
 
I understand the title but I don't understand what you are trying to say in the text. Are you thinking about buying the stock?
 
The only thing that’s fair for me to say is, I urge caution. Just because we all love Weber products doesn’t me we should bet the farm. Keep it small if you cannot resist.
 
If you buy a share, you get invited to the annual shareholder meeting.

Just received this invite:
WEBER INC.
‌Annual Meeting‌: ‌March 23, 2022‌

I wonder what they will have to eat. And will it be cooked on a SmokeFire?
 
Lew Newby said:
I understand the title but I don't understand what you are trying to say in the text. Are you thinking about buying the stock?
Click to expand...
Not really, but you never know. I checked it out out of curiosity one day, and the history of the company, the opening price, and the trend since then really grabbed my attention. The company seems to meet my criteria for buy what you understand, buy low, and buy what you believe in so I sort of flagged it in my brain as an interesting stock to research.

I posted it on the forum because this time last year, you couldn't even buy a Weber stock. I was also curious what others would think about the company's prospect from a corporate perspective. To me, they are such a weird and quirky corner of the manufacturing sector.
 
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