Chart of the Day - Whole Foods Market (WFM)

The "Chart of the Day" is Whole Foods Market (WFM), which showed up on Wednesday's Barchart "All-Time High" list. Whole Foods on Wednesday posted a new all-time high of $97.75 and closed +1.10%. TrendSpotter has been long since Aug 16 at $95.93. In recent news on the stock, S&P on Aug 7 raised Whole Foods' corporate credit rating to BBB- from BB+, citing the company's strong operating trends. On Aug 3, Morgan Stanley upgraded Whole Foods to Overweight from Neutral with a price target of $110 based on valuation, earnings power, and continued margin growth. Whole Foods Market, with a market cap of $17 billion, owns and operates the country's largest chain of natural food supermarkets.