Growth & Income Picks: BG Staffing (BGSF) and B&G Foods (BGS)
We're talking about a staffing company and a food company today. Both have excellent dividend yields and solid growth potential.
BG Staffing (BGSF)
BG Staffing provides temporary staffing services to a diverse set of industries. If we ignore the jobs report for the month of May, which was probably an aberration, then we have seen the labor market has continued to tighten. But many companies prefer to hire temporary workers due to macroeconomic and political uncertainties.
The company delivered a big beat for the first quarter and has seen nice earnings momentum of late.
It's a Zacks Rank: #1 (Strong Buy) stock with top style score of "A" for Value, Growth and Momentum.
The dividend yield exceeds 6.5% as of now.
B&G Foods (BGS)
They manufacture and market processed and packaged foods across the United States and Canada. They have a huge portfolio of well-known brands. The company continues to grow organically and through acquisitions. In the past 20 years, they have acquired more than 40 brands
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