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Whole Foods Market, Inc. is the food retailer of natural and organic products.
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21popsontop (< 20) Submitted: 5/15/08 4:26 PM : Start Price: $28.87 WFMI Score: -11.16
Austin, TX sends us a longshot! Well grounded operation for massive growth in natural and organic food,and other changes that will take place over this decade,not to mention its not limited to, but well rounded International store chains product categories of produce,seafood,grocery,meat,and poultry,bakery,prepared foods and catering,specialty beer,wine and cheese,whole body,nutritional supplements,vitamins,body care and educational products,such as books,etc. Floral,pet products and household products. If I read management right,look for a little orgainic fertilizer and such things,or any other company business builder to get it a one stop shop,The company has no doubt payed the price for growth and still catching flack behind that smooth layed out deal with Wild Oats,although,some seem to have a problem with that deal,all I see is a well managed strong company thats all about business,and the winds should blow away the flack in due time.After an all around 360% look with consideration of some of the costly uncalled for crapp the company has been forced to wade through . I see much more than the local corner grocery store here.In my opinion,(Global),is not even a question,that looks pretty much a done deal ,as this outstanding management has shown they will put this one in the middle of the thick and stand their ground. Growth going forward looks like it could be a bull dozer,even a little mix of a health and inviroment play to get that HYPE down the road and pays a good dividend. Management no push over,by any means,but share holder friendly,and should lay out a nice long haul. This Company now has several directions to take growth forward and should work out any short term bugs along the path.I'v owned shares of the company for a while,and been setting under the shade tree ,hoping that latest downgrade would bring it anywhere near the last give away,although due to company's future prospects others have called it in the bin basket now,along with a few funds that have been adding shares,and with it exceeding analyst earnings estimate second strait going into 2008 shows he could turn bull and go into a bear stampeed at any moment.
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