The short term investing stock picks blog

BUY: Whole Foods Market, Inc. (NASDAQ: WFMI) $45.49 (4/3/07)

Sell price: $47.76 or
Sell date: May 3, 2007
Stop loss: $43.80 (-3.3%)

Crossed 50-day MA- expecting to stay above
Parabolic SAR Buy signal
On Balance Volume breaking through 10-day MA
MACD bullish crossover
Intermediate trend bullish, Downtrend turned sideways, possible bottom.

Profile: Whole Foods Market, Inc. (Whole Foods Market) is a food retailer of natural and organic products. The Company conducts its business through various wholly owned subsidiaries. Whole Foods Market has a product selection of perishable foods and most of its products are from natural food vendors. The Company also sells a selection of conventional national brands. Whole Foods Market’s product categories include produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, specialty (beer, wine and cheese), whole body (nutritional supplements, vitamins, body care and educational products, such as books), floral, pet products and household products. During the fiscal year ended September 24, 2006, the Company operated 186 stores, including 177 stores in 31 states in the United States and the District of Columbia, three stores in Canada, and six stores in the United Kingdom.

This entry was posted on Tuesday, April 3rd, 2007 at 9:15 am and is filed under Buys. You can subscribe via RSS 2.0 feed to this post's comments. Both comments and pings are currently closed.