Vestis has gone solo, stock is a Buy, Barron’s says

Vestis (VSTS) was spun out from Aramark (ARMK) in early October, allowing the parent company to focus on the food-services business, Nicholas Jasinski writes in this week’s edition of Barron’s. Vestis stock has fallen 13%, to $16.79, since the start of trading on Oct. 2, while Aramark has gained 13%. Still, there’s a lot to like about Vestis, starting with its uniform-rental business, the author says.