Thursday, September 15, 2011

Whole Foods breaking out to new all-time highs...

Whole Foods (WFM) stock is breaking out today to new highs.  It is currently up 1.70 to 68.51

Whole Foods has raised its guidance for this fiscal year and has provided strong guidance for next year. Management is confident about the company's prospects going forward, and so are we. Whole Foods leads its industry in terms of margins, growth, balance sheet quality, and the quality of the food it sells. Whole Foods is leading its shoppers to healthier food.

Whole Foods has beaten earnings estimates for 11 straight quarters.

Here is the weekly chart:

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