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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
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  • Bob Evans Farms - BOBE - Barchart's Chart Of The Day 0 comments
    May 25, 2012 9:42 AM | about stocks: 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


    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_700

    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 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
    Detailed Quote

    Technical Analysis
    Technicals Summary
    Trader's Cheat Sheet™

    Barchart Opinions
    Barchart Opinion
    Barchart Snapshot
    Trading Strategies

    Company Info
    Company Profile
    Key Statistics
    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
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