Pendulum
Long/short equity, value, special situations, growth

WhiteWave: Good Long Term Story, Despite 'Soy Vs. Almond' Noise

WhiteWave (NYSE:WWAV) is a leader in the plant-based beverage category with its Silk line of soy-milk and almond-milk. As a regular customer, I understand the appeal of its products and the potential for the brand. WhiteWave's stock price has traded up since the spin-off from Dean Foods (NYSE:DF) as the company continues to grow. However, consumers are shifting their preferences toward almond-milk from soy-milk. Although WhiteWave has a strong almond-milk franchise, its market share in almond-milk is less than in soy-milk. The "soy vs. almond" noise is a near-term headwind, but WhiteWave is well positioned to ride the trend of plant-based beverages. In this article I will examine the trends in the plant-based beverage industry, WhiteWave's...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details