Turning Point Brands, Inc. (TPB) is a leading player in the nicotine pouch market, with products like FRE and ALP driving strong retail traction and high-margin online sales. Nearshoring production to Kentucky is expected to reduce costs and boost EBITDA. The company’s legacy business provides stability while the pouch segment scales, with significant growth potential.

TPB’s market-leading position in the nicotine pouch segment, with products like FRE and ALP, sets it up for continued growth and market share expansion. The company’s strong retail presence and high-margin direct-to-consumer sales contribute to a positive outlook, with a projected market size of $10-20 billion by 2030 supporting a five-year price target of $480-$860 per share.

British American Tobacco p.l.c. (BTI) and Turning Point Brands, Inc. (TPB) both have a strong presence in the nicotine pouch market, but TPB’s focus on products like FRE and ALP, cost-saving strategies, and high-margin direct-to-consumer sales set it apart. TPB’s growth potential and market-leading position make it a compelling investment opportunity.

Read more at Yahoo Finance: Turning Point Brands, Inc. (TPB): A Bull Case Theory