Greggs: Buy a Reliable Growth Story at a Reasonable Price
Greggs is a resilient, cash-generative UK bakery chain trading at a valuation that looks fair but not demanding. A disciplined long entry here balances upside from execution and new product momentum against macro and commodity risks. Trade plan: enter at $25.00, target $30.00, stop $21.00 — horizon: long term (180 trading days).