Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Bob Evans Farms - BOBE - Barchart's Chart Of The Day

|Includes:Bob Evans Farms, Inc. (BOBE)

Barchart.coms Chart of the Day - Bob Evans Farms (NASDAQ:BOBE)

Barchart Research Team - BC - Thu May 24, 5:30PM CDT

Related Stocks
BOBE - Bob Evans Farms

Sym Last Chg Pct
BOBE 40.57 +0.30 +0.74%
Click to enlarge

The "Chart of the Day" is Bob Evans Farms (BOBE), which showed up on Thursday's Barchart "All-Time High" list. Bob Evans on Thursday posted a new all-time high of $40.74 and closed up +0.74%. TrendSpotter has been long since April 27 at $38.67. In recent news on the stock, the company on March 8 affirmed FY12 EPS guidance of $2.38-2.44 versus the consensus of $2.44 and said it is targeting 7-10% long-term growth. Bob Evans Farms, with a market cap of $1.1 billion, owns and operates restaurants, including Bob Evans Restaurants, Owens Family Restaurants, Bob Evans `small-town` Restaurants, and Cantina Del Rio Mexicanrestaurants. They also produce fresh and fully-cooked sausage products and fresh, deli-style salads which are distributed primarily to grocery stores in the Midwest, Southwest and Southeast.

(click to enlarge)bobe_700Click to enlarge

How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of strong upside momentum.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy

Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual


Chart of the Day Archive
View Past Chart of the Day Reports

Stocks: BOBE