Since Huy Fong is not looking for a buyer, and would never want to deal with the hassle of an IPO – it's unlikely the special sauce will be a publicly traded investing opportunity any time soon.
But it wasn't hard for us to develop a condiment index. We managed to find six truly hot stocks – companies that bring in a sizable portion of their revenue through sauces, dips, and spices. They trade on public exchanges, and all return a healthy dividend. Just in case you're hungry for some spicy shares.
Click on the interactive chart below to see analyst ratings over time.
Do you see investment opportunities in hot sauce? Use the 'condiment index' below as a starting point for your own analysis. 1. Kraft Foods Group, Inc. (KRFT): Operates as a consumer packaged food and beverage company in North America. Market cap at $33.14B, most recent closing price at $55.79. Brands include: Bullseye BBQ Sauce, Velveeta
2. B&G Foods Inc. (BGS): Engages in the manufacture, sale, and distribution of shelf-stable foods in the United States, Canada, and Puerto Rico. Market cap at $1.78B, most recent closing price at $33.94. Brands Include: Red Devil Hot Sauce
3. Hormel Foods Corp. (HRL): Produces and markets various meat and food products in the United States and Internationally. Market cap at $11.59B, most recent closing price at $44.11. Brands Include: Spam, Skippy Peanut Butter
4. Lancaster Colony Corporation (LANC): Engages in the manufacture and marketing of consumer products focusing primarily on specialty foods for the retail and foodservice markets in the United States. Market cap at $2.34B, most recent closing price at $87.07. Brands Include: Marzetti Salad Dressings
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