
Bet against America’s love for junk food? Morgan Stanley sees tough times ahead for snack stocks like Hostess
[ad_1] J.M. Smucker ‘s plan to buy Twinkies -maker Hostess Brands is a risky move, if Morgan Stanley’s latest research is correct. The firm revisited its August call that a new class of weight loss medications would hamper growth at some food and beverage companies . This time it backed up its thesis with additional…