Saturday, March 3, 2012

Chart of the Day - Whole Foods Market (WFM)

The "Chart of the Day" is Whole Foods Market (WFM), which showed up on Thursday's Barchart "All Time High" list. Whole Foods on Thursday edged to a new all-time high of $82.44 and closed up 1.77%. TrendSpotter has been Long since Jan 4 at $71.49. Whole Foods was last featured on "Chart of the Day" when the stock on Feb 8 closed at $77.93. In recent news on the stock, Whole Foods on Feb 8 reported Q1 EPS of 65 cents, above the consensus of 65 cents. RBC Capital on Feb 1 reiterated its Outperform rating on Whole Foods and raised its target on the stock to $85 from $74. Whole Foods, with a market cap of $14 billion, is the largest purveyor of natural foods in the world.

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