Friday, August 1, 2014

Chart of the Day - Supervalu (SVU)

The Chart of the Day belongs to Supervalu (SVU). I found the stock by sorting today's New High list for new high frequency in the last month, it signaled a buy on 5/12 the stock gained 28.69%.
SVU is one of the nation's largest supermarket retailer and largest food distributor. The company conducts its retail operations under three principal store formats: price superstores, under such retail banners as Cub Foods, Shop `n Save, Shoppers Food Warehouse, Metro and biggs. Also, the company sells food and non-food products at wholesale throughout the United States to retail food stores, mass merchants and through other logistics arrangements. The company's plans include growing its retail operations through new store development and acquisitions.

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