Sprouts Farmers Market: Don't Chase Now
Sprouts Farmers Market crushed Q4 estimates while the stock ironically traded towards the post-IPO lows. The company benefits from a focus on affordable produce and reasonable margins to drive traffic growth. The stock is recommended long-term holding, but investors shouldn't chase the stock higher at the current levels. Over the last six months, I encouraged investors on multiple occasions to not view Sprouts Farmers Market (NASDAQ: SFM ) so negatively ( here and here ). Outside of the flash crash, the stock traded down to $20 on two occasions providing attractive entry points. Read the full article on Seeking Alpha. Disclosure: No positions mentioned. Please read the disclaimer page for more details.