WhiteWave Foods Co : Strong fundamentals
Entry price | Target | Stop-loss | Potential |
---|
$30.21 |
$33 |
$29.4 |
+9.24% |
---|
The company WhiteWave Foods has an important growth potential.
The organic food and products company, already a selected stock in our conviction buy list has solid financials which are highlighted by good Surperformance© ratings. In fact, the revenues should reach USD 3.4 billion this year for a net margin of 5%. The group benefits from upward revisions on projected earnings per share and sales, proving the good dynamic of the business activities.
Technically, the stock trades close to its short term level at USD 30.2 that constitutes a support for the midterm and long term positive trend. The majority of moving averages is well oriented and supports the price progression.
In sum, the USD 30 area offers an interesting purchase level on WhiteWave Foods that in fact has numerous positive indicators. The bullish target could be set over the resistance at USD 33. In order to protect the position, a stop-loss could be triggered under the support currently tested.
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