Turning Point Brands (TPB) Raised Its Growth and Profit Outlook. Here’s Why

In its third-quarter 2025 capitalist letter, Meridian Small Cap Growth Fund highlighted stocks specified arsenic Turning Point Brands, Inc. (NYSE:TPB). Headquartered successful Louisville, Kentucky, Turning Point Brands, Inc. (NYSE:TPB) manufactures, markets, and distributes branded user products that run successful Zig-Zag Products and Stoker's Products segments. The one-month instrumentality of Turning Point Brands, Inc. (NYSE:TPB) was -3.22%, and its shares gained 54.73% of their worth implicit the past 52 weeks. On December 02, 2025, Turning Point Brands, Inc. (NYSE:TPB) banal closed astatine $97.90 per share, with a marketplace capitalization of $1.867 billion.

Meridian Small Cap Growth Fund stated the pursuing regarding Turning Point Brands, Inc. (NYSE:TPB) successful its 3rd 4th 2025 capitalist letter:

"Turning Point Brands, Inc. (NYSE:TPB) is simply a shaper of branded user products, including alternate smoking accessories, continued to spot spot successful its nicotine pouch business. The merchandise delivered much than 651% year-over twelvemonth gross growth, exceeding expectations and becoming an progressively meaningful contributor to the company’s wide business. This show has led the institution to rise its maturation and nett outlook for the year, arsenic it continues to summation marketplace stock successful an expanding category. The marque is besides gaining traction successful direct-to-consumer organisation portion benefiting from the beardown in-store beingness of Turning Point’s established brands, including Stokers and Zig-Zag. During the period, we trimmed our presumption successful Turning Point arsenic the stock terms appreciated, successful enactment with our disciplined valuation approach."

Turning Point Brands, Inc. (NYSE:TPB) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 40 hedge money portfolios held Turning Point Brands, Inc. (NYSE:TPB) astatine the extremity of the 3rd quarter, which was 35 successful the erstwhile quarter. Third 4th gross of Turning Point Brands, Inc. (NYSE:TPB) accrued 31% to $119 million. While we admit the imaginable of Turning Point Brands, Inc. (NYSE:TPB) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.