WFM

Whole Foods - WFM

The company's financial performance is one of the envies of the grocery industry. Its sales per square foot in the last quarter were $990, which is thought to be among the highest in the industry. (Trader Joe's sales per square foot are thought to be much higher, but the privately held company does not report such data.)

Whole Foods also has strong enough cash flow to finance new store development without resorting to borrowing, and almost no debt. That, combined with its low stock price, has made it a target of takeover rumors.

 

Its stock was hitting $60 back in march 2015, right now its at $30.  Great company at half off.  Its low like the rest of the grocery store industry, but it’s a solid business.  Good time to start buying it.  I doubt it will drop lower than $20 but could easily slip to $25 depending on the news.  A takeover would speed up the stock price recovery, even better.  That’s the situation im in with CAM.