Whole Foods (WFMI) bulls should double up with call options, UBS says, as analysts think its...


Whole Foods (WFMI) bulls should double up with call options, UBS says, as analysts think its rally will continue without near-term catalysts. Analyst Neil Currie upgraded the stock to Buy from Neutral on increased growth prospects due to reduced costs, smaller store openings, lower prices and increasing store productivity.

From other sites
Comments (4)
  • Tack
    , contributor
    Comments (16261) | Send Message
     
    Anybody going long Whole Foods has to believe, implicitly, in economic recovery because, absent that, folks will discover rather quickly that they can survive just fine without five-dollar organic artichokes.
    11 Aug 2010, 12:02 PM Reply Like
  • Econdoc
    , contributor
    Comments (2938) | Send Message
     
    Tack. Whole Foods is a very interesting company

     

    It is one that I follow - I don't own the stock but it is a good indicator of consumer mood - better than survey. A canary. Similar to transport stocks which I also pay a lot of attention too - even though I don't own any.

     

    Watch their sales, build program and stock price. They tell you something about what is going on in the real world.

     

    E
    11 Aug 2010, 12:45 PM Reply Like
  • Econdoc
    , contributor
    Comments (2938) | Send Message
     
    How can WFM be doing well when we are in Great Depression 2?

     

    How?

     

    Are they running Organic Soup Kitchens?

     

    Have they invented an Organic form of Crisco?

     

    ???

     

    E
    11 Aug 2010, 12:09 PM Reply Like
  • dankourny
    , contributor
    Comments (42) | Send Message
     
    The wealthy and the healthy will keep trafficking and spending at WFMI regardless of the rest of the population's financial woes. Plus it still has synergy benefits playing out from Wild Oats acquisition. Stock likely to hold up relative to retail peers and probably broader market in tough economic environment. Ready to nibble at the 200-day.
    11 Aug 2010, 01:10 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs