Tootsie Roll Industries Inc (TR) Stock AnalysisTRStock AnalysisTootsie Roll Industries Inc

Tootsie Roll Industries, Inc., is engaged in the manufacturing and sale of confectionery products. The Company's products are marketed in a variety of packages designed to be suitable for display and sale in different types of retail outlets. They are sold through food and grocery brokers or directly by the Company itself to customers throughout the United States, Canada and Mexico. Its customers include wholesale distributors of candy, food and groceries, supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, and e-commerce merchants. Its products are sold under the registered trademarks, which include TOOTSIE ROLL, TOOTSIE FRUIT ROLLS, TOOTSIE POPS, TOOTSIE MINI POPS, CHILD’S PLAY, CARAMEL APPLE POPS, CHARMS, BLOW-POP, CHARMS MINI POPS, SUGAR DADDY, CELLA’S, DOTS, SUGAR BABIES, ANDES, FLUFFY STUFF, DUBBLE BUBBLE, RAZZLES, CRY BABY, and TUTSI POP (Mexico). It operates in the Consumer Non-Cyclicals sector (SUGAR & CONFECTIONERY PRODUCTS industry).

Tootsie Roll Industries is a good buy right now due to its current price of 41.27, which is near its Fibonacci resistance level of 41.77, and a solid RSI of 58.07 suggesting upward momentum. The company also has a gross margin of 35.72% and a year-to-date change of +20.05%, indicating strong financial health and growth potential. However, the main risk is the recent earnings report showing an EPS of 0.18, which fell short of market expectations, indicating potential concerns about future growth.