I am long via Feb19 calls. They swept the March calls bigly today in tandem with selling the puts.
With a Sprouting 356 store nationwide & a net sales of $1.6 billion for Q3 2020 I have no doubt $SFM will continue to grow in the coming years. During the 3rd quarter, Sprouts improved on profit, income and earnings per share. A Major key in this reversal is looking for the next monthly candle to be green & gain momentum to the $25-$30 area Chart Stats: Low @...
I see huge potential for this company. Here are my thoughts. As stated in Previous Quarter presentation, the Company eyes teen digit growth. Net income of $67 million and adjusted net income(1) of $70 million; compared to net income and adjusted net income of $35 million from the same period in 2019 (Impressive stats) FROM ER release: Net sales for the second...
Thanks for viewing ! This is not financial advice , please consider your own Due Diligence and Risk Management.
Looking for buys for my portfolio. Thought id share this with ya. Thanks for viewing ! This is not financial advice , please consider your own DD and RM.
Entered this after the break. I think Minervini also has this. SFM Jul 24, 2020 09:45 Shares traded: 1000 Closed P&L: $-253.86 Share trade Tags: ibkr Edit Tags Add Notes Execution detail:Advanced > Date/time Symbol Qty Price Position 2020-07-24 09:45:31 SFM 500 $26.840 500 2020-07-29 11:10:32 SFM -500 $26.332 0
Got some here in the pullback today. IBD rating of 97 Short interest of 10%, there is some room to squeeze more. Long @ 27.03
Buy this pullback here, buy more if it gets to 24.55. SL Below 24.25
See chart. If it closes below or around 24.50, forget it. The dip it's doing atm is buyable down to 24.66. Now at 25.05.
Sprouts Farmers Markets, Inc. engages in operating healthy grocery stores. It specializes in fresh, natural, and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care, and natural household items. The company was founded by Stan Boney and Shon Alexander...
SFM is a grocery store operator stock, forming a double bottom, 6/25 up 2.6% with volume, remained up 8.6% for the week and was up 28% in 7 days around last earning. SFM benefited online shopping delivery service during Covid-19 as costumers stockpiled groceries.
Sprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, packaged groceries, meat and seafood, deli, vitamins and supplements, dairy and dairy alternatives, bulk items, baked goods, frozen foods, natural health and body care, beer and wine, and household items....
Entry : $24.55 S/L. : $23.02 TP1. : $25.85 TP2 : $26.84 12 months Consensus Price Target: $23.5 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Possible BullFlag breakout imminent Strong horizontal resistance at $24.40 Targets as per resistance levels with $28.00 as a medium term target. MACD Bullish Reversal Histogram crossing Zero-line RSI uptrending with room to run higher. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
Sprouts moving to all organic. Grocery stores still a COVID play.
Contextual immersion trading strategy idea. Sprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. The demand for shares of the company still looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from...