Calavo Growers: Avocados Are Good For You And Your Portfolio

Cash-Centered Creep
3.7K Followers

Summary

  • COVID-19 has adversely impacted Calavo Growers.
  • It would be wrong to assume that the firm's recent performance will reflect its long-term prospects.
  • It has weathered avocado price fluctuations and COVID-19, and retains a progressive dividend.

Avocado halves, with brown seed inside, closeup detail view from above
Photo by Lubo Ivanko/iStock via Getty Images

Calavo Growers Inc. (NASDAQ:CVGW) may not look like an ideal candidate for investment due to its recent performance. However, this avocado market leader is poised for the long-term to perform very well.

This article was written by

3.7K Followers
Buy and hold, common stock investor focused on dividends and on value. Interested in various stocks that are suitable for long-term dividend investment. A Buffett admirer, but not a Buffett cultist, and not quite as creepy as my name implies - though certainly cash-centered!

Analyst’s Disclosure:I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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