If you are are munching on an Easter egg right now, maybe its time to put your money where your mouth is and invest in chocolatey ASX shares.
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It’s important that those investing in ASX shares keep up to date on current events, and what’s more current right now than chocolate? I’m sure many readers will be munching on an egg or two while reading this article. If that is the case, maybe its time to put your money where your mouth is and invest in some chocolatey ASX shares.
Here are 3 sugary shares you can find on the ASX.
Shares for chocolate lovers
Candy Club Holdings Ltd (ASX: CLB)
While not necessarily a chocolate making company, Candy Club deserves its spot on this list.
To be honest, a lolly subscription service is genius. And, experts do say to invest in companies you understand. I’m sure most Australians would understand the appeal of a box of lollies arriving on your doorstep each month.
Candy Club’s selection of adorable sugary treats, some of which are indeed chocolate, may well be your next great investment.
Candy Club’s share price is experiencing a sugar high. It’s up more than 73% year to date, and 462.5% over the last 12 months.
The company has a market capitalisation of around $69 million, with approximately 308 million shares outstanding.
Keytone Dairy Corp Ltd (ASX: KTD)
Milk chocolate is a favourite for many come Easter time, and this dairy company has got you covered in more ways than just milk.
Keytone Dairy is the owner of fudging making brand, Gran’s. Gran’s promises delicious, handcrafted, luxury fudge. If that doesn’t sound like an Easter Sunday afternoon snack, I don’t know what does.
The Keytone Dairy share price has had a bit of a rough trot in March, so those who believe in chocolatey fudge may just find themselves a bargain.
Keytone Dairy has a market capitalisation of around $46 million, with approximately 273 million shares outstanding.
FFI Holdings Ltd (ASX: FFI)
FFI Holdings is possibly better known as Fresh Food Industries. The Australian owned and operated food supplier has been around since 1979. Generally a wholesaling company, you may not see too many of its chocolatey products on supermarket shelves. But, there’s a strong likelihood you’ve enjoyed them in muffins, cookies or ice creams in eateries all around Australia.
The company’s shares are up by 25% over the last 12 months.
FFI Holdings has a market capitalisation of around $64 million, with approximately 10 million shares outstanding.
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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned.
The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
The post In honour of the Easter Bunny, we take a look at 3 chocolatey ASX shares appeared first on The Motley Fool Australia.