iceflower
2022-06-16

$Sprouts Farmers(SFM)$

A promising stock to buy?

Good in fundamental:

-increasing net income and revenue

-total debt to equity ratio only 1.5

-positive free cash flow

Technical analysis

- price dropped below ema 200 since early MAY after releasing of earning report that the revenue doesnt meet the expectations

- price was then in steady rising trend until the release of "bad news"

1)State strapped for cash after military coup

2)Farmers exposed to soaring fuel and fertilizer costs

3)Some say planting for next season already compromised

-but subsequently the price keep rising up slow and steadily after it with small volume

-after announcement of US federal to rise 75 basis point to beat inflation and rising CPI,

Surprisingly market react positively to it saying the market had" prepared " for the rise in interest

- this stock rise in 4.14% after the fed announcement to rise 75 basis point!!!

Looking at the current trend and volatile period, should we buy this stock now? Had it bottom and rebound started?!!    


@CaptainTiger@Daily_Discussion@TigerStars


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Comments

  • kyoko
    2022-06-18
    kyoko

    Then I say I wan to do the white house and I don't want to be a big fan of the application and after a few hours it is still very moisturizing and it feels very good-looking a little sexy and I have been working working with ikbk for a long time he has been able to get a job in the industry for a long time 

  • Matrix Rev
    2022-06-18
    Matrix Rev
    Price have retrace to 24.94 recently. Like to see support above 21 region. If price is supported then it could move up to further to make new high.
    • iceflower: 
      price raised up to 25.52 post market.. looked promising [Call]
  • QArmieeQ
    2022-06-18
    QArmieeQ
    Food related stocks is good to consider during inflation?
    • iceflower: 
      thinking in a basic way, we still need to eat despite inflation and recession? hehe [Tongue] just a randome thought
  • WendyDelia
    2022-06-17
    WendyDelia
    Why SFM has been rising for for five days? Can you give us some insight?
    • iceflower: 
      looking at the trend, it will still continue to rise.. [serious]
  • JohnMitchell
    2022-06-17
    JohnMitchell
    Well just looked at the technical lines, looks good. But I have no confidence in this bear market.
  • WebbBart
    2022-06-17
    WebbBart
    It looks like a good on in this bear market. Are you holding any shares?
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