NYSE:PFGC Performance Food Group Company
Performance Food Group has been operating since 1885 and sells more than 150,000 food products through a variety of channels including directly to restaurants, making them a very stable company. On top of that in the last 2 years revenue has grown 50% and the stock price hasn't kept up, making for a good long opportunity. Technically speaking, price is considerably below the lower Buy Sell Band, with a RSI of 16 and more than 15% below it's 50 day MA which make for a good risk/reward long entry play here. Range indicators show price is non-trending, another great long opportunity to be had today.
Currently up 5.77% from yesterday, keep holding until we hit the 50 day MA.
The profit target has been hit.
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