The announcement that Amazon.com Inc. (NASDAQ:AMZN) had made an offer to purchase Whole Foods Market Inc. (NASDAQ:WFM) sent the grocery stocks plummeting. While some experts think Amazon's move into the grocery business is a great idea, others aren’t so sold on the idea.
Regardless of whether this move by Amazon is good or bad for Amazon, the grocery sector was punished by this news and I don’t think stocks like The Kroger Co. (NYSE:KR) deserved to fall nearly 10% on the news. Or even Wal-Mart Stores Inc. (NYSE:WMT), Target Corporation (NYSE:TGT), Costco Wholesale Corporation (NASDAQ:COST) all losing billions in market capitalization just because Amazon is buying Whole Foods.
This little stock popped up on my radar yesterday with the help of the Trade Triangle technology. Whole Foods Market, Inc. (NASDAQ:WFM) is one of my favorite stores and I shop there every week.
Whole Foods has been in a sustained downtrend for the last nine months, but it appears as though the downtrend is over and Whole Foods is set for some healthy gains in 2016. I think it has the potential to double your money in 2016. Given the upside potential for Whole Foods, I feel that the risk factor is not that big.
As you well know, there are no guarantees in investing and risk is a factor, but in this case, the risk-reward ratio is in your favor.
Many Americans are now turning away from fast and processed food and deciding to lead a healthier lifestyle. That lifestyle includes exercise and eating healthy food.
However, many of the popular health food stocks like Whole Foods Market Inc. (NASDAQ:WFM), Sprouts Farmers Market Inc. (NASDAQ:SFM) and Chipotle Mexican Grill, Inc. (NYSE:CMG) have seen their stock values decline rather dramatically since they all peaked in late February of this year.
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Overall there appears to be a trend for people to eat less, consume non-processed food, and turn to a healthier lifestyle. Even Walmart and Target are getting into the act devoting whole sections of the store to health foods.
Yesterday we discussed how the Trade Triangles can help you take advantage of earnings. We had a lively discussion on the blog, with many members asking and explaining how the Trade Triangle technology works during the earnings season.
Hello traders and MarketClub members everywhere! Here we are, starting a shortened trading week before the big Thanksgiving holiday here in the US.
For most of us, Thanksgiving conjures up pictures of family and lots of food, sitting around a table sharing good times. And yes, perhaps eating too much at times. With that thought in mind, I decided to search for three healthy food stocks that would not add inches to your waistline or overpower you with processed food.
In the last several years, there has been a big movement into eating fresh and healthier food and knowing where the food is coming from. No where is this more prevalent than with the millennials and the aging baby boomer population here in the US.
It's hard to go into a supermarket or food store now and not see people actually reading the labels for perhaps the first time and not buying into the advertising myth for that particular product. I view this as a very positive sign, particularly for retailers who get that the consumer wants a better and healthier alternative to all the processed food that's out there.
So let's get started and look at the three stocks I'm going to be examining in today's video. The first stock I will be looking at is Whole Foods Market Inc. (NASDAQ:WFM), which is currently trading around $48 a share. The next stock is The Fresh Market Inc. (NASDAQ:TFM), which is trading around the $39 level. The last stock on my shopping list is Sprouts Farmers Market Inc. (NASDAQ:SFM), which closed last Friday around $32.
In today's short video, I'll be examining all three companies and showing you my projections for each of these three stocks. I will also be pinpointing a level that could make one of these stocks skyrocket.
As always, I welcome your comments and feedback below this post, so please feel free to share with me what you think of these three stocks or the market in general.
Every success with MarketClub, Adam Hewison