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SocialPicks Community
Whole Foods Holdout
WFMI
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-19.81%
in
26 days
This company reported big problems in August, but the stock hasn't gone down much. It's a specialty food stock, the leader in its niche organic/health food sub-sector. While everything around it hase fallen, it maintains a floor of about $18.00. Folks who like these products aren't likely to walk even in an economic downturn.
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Whole Foods Market is not a buy
WFMI
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-13.07%
in
25 days
(closed on 09/21/08)
Whole Foods Market has lost more than 50% of it's stock value year to date and the near future does not look brighter than the last months. There is plenty of sellers for WFMI, the stock will probably bounce further and then continue it's way to lower prices. I know that there is a lot of competition in groceries market, that margins are slim and that consumers have changed their buying habits in the last months but, my main motivation to have a negative rating on WFMI is the strength of the sellers all the way down from 50 to 18.
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Bearish on WFMI ...
WFMI
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+36.12%
in
79 days
Oil prices are triple what they were when WFMI peaked in 2005, CPI increase of 1.1% is highest since June 2005, and home prices are still falling. Middle class consumers are no longer able to donate their weekly paycheck to WFMI now that they are facing high gas prices, declining incomes, and the mortgage trainwreck. Aggressive expansion by WFMI (new stores and purchase of Wild Oats) has been countered by slowing economy. Look for stock to take another hit when they miss earnings report on 8/5. If you think the US economy will recover by mid-2009, then buy on the dip and hold WFMI throug ...
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Bearish on WFMI ...
WFMI
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+10.91%
in
11 days
(closed on 08/13/08)
There are many competitors on their way and other super markets will move into their segments. I saw in Texas a new chain with the same concept but better - Sprouts.
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Bearish on WFMI ...
WFMI
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+36.12%
in
79 days
Oil prices are triple what they were when WFMI peaked in 2005, CPI increase of 1.1% is highest since June 2005, and home prices are still falling. Middle class consumers are no longer able to donate their weekly paycheck to WFMI now that they are facing high gas prices, declining incomes, and the mortgage trainwreck. Aggressive expansion by WFMI (new stores and purchase of Wild Oats) has been countered by slowing economy. Look for stock to take another hit when they miss earnings report on 8/5. If you think the US economy will recover by mid-2009, then buy on the dip and hold WFMI throug ...
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From the Blogosphere
Now People Are Worried about Retail Stocks?
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Gotta tell you (and long time readers can attest) we were very frustrated throughout the 1st half of the year as we were screamed at by pundits about the "2nd half 2008 recovery" - I think at least 5x a week for months on end I used that line along with the term "Kool Aid thinking"during late winter and spring. After that thesis proved to fail, the Kool Aid pundits turned to "as gas drops 50 cents the consumer will be back" - hedge funds ran into retail stocks to run them up on "that thesis" - I said that one will be proven to be wrong but we looked foolish those weeks/months as we held ...
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7 great companies for $7 or less, biggest stock losers & live debt-free - Today in Money 10/7
Filed under: Google (GOOG), Apple Inc (AAPL), Dell (DELL), eBay (EBAY), General Electric (GE), Ford Motor (F), General Motors (GM), Motorola (MOT), Sirius Satellite Radio (SIRI), Citigroup Inc. (C), Sprint Nextel Corp (S), Advanced Micro Dev (AMD), Blockbuster Inc 'A' (BBI), Money and Finance Today, Alcoa Inc (AA), American Express (AXP), Bank of America (BAC), Boeing Co (BA), Whole Foods Market (WFMI), Research in Motion (RIMM), General Mills (GIS), Wachovia Corp (WB), Merck and Co (MRK), Kraft Foods'A' (KFT), Wells Fargo (WFC) In the News:...
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7 great companies for $7 or less, biggest stock losers & live debt-free - Today in Money 10/7
Filed under: Google (GOOG), Apple Inc (AAPL), Dell (DELL), eBay (EBAY), General Electric (GE), Ford Motor (F), General Motors (GM), Motorola (MOT), Sirius Satellite Radio (SIRI), Citigroup Inc. (C), Sprint Nextel Corp (S), Advanced Micro Dev (AMD), Blockbuster Inc 'A' (BBI), Money and Finance Today, Alcoa Inc (AA), American Express (AXP), Bank of America (BAC), Boeing Co (BA), Whole Foods Market (WFMI), Research in Motion (RIMM), General Mills (GIS), Wachovia Corp (WB), Merck and Co (MRK), Kraft Foods'A' (KFT), Wells Fargo (WFC) In the News:...
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Big Losers: 15 large stocks that have plummeted
Filed under: Google (GOOG), Apple Inc (AAPL), Dell (DELL), eBay (EBAY), General Electric (GE), Motorola (MOT), Sirius Satellite Radio (SIRI), Citigroup Inc. (C), Sprint Nextel Corp (S), Alcoa Inc (AA), American Express (AXP), Boeing Co (BA), Whole Foods Market (WFMI), Research in Motion (RIMM), Merck and Co (MRK)  After today, there are probably no more doubters left. We are in a bear market and we are in a recession and anyone arguing otherwise is living in a made-up world. The only thing left to argue over is how to get out of this dire situation, and how long it will last. Looking at stock...
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Big Losers: 15 large stocks that have plummeted
Filed under: Google (GOOG), Apple Inc (AAPL), Dell (DELL), eBay (EBAY), General Electric (GE), Motorola (MOT), Sirius Satellite Radio (SIRI), Citigroup Inc. (C), Sprint Nextel Corp (S), Alcoa Inc (AA), American Express (AXP), Boeing Co (BA), Whole Foods Market (WFMI), Research in Motion (RIMM), Merck and Co (MRK)  After today, there are probably no more doubters left. We are in a bear market and we are in a recession and anyone arguing otherwise is living in a made-up world. The only thing left to argue over is how to get out of this dire situation, and how long it will last. Looking at stock...
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WFMI is one of my favorite shorts.
- We've been short it since around $35 and I think it sees single digits by year end. I've said that again and again, I know, I know! But, when you are...
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More Resources
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About Whole Foods Market Inc
- Answers.com
