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Endeavor Funds' Jerome Dodson Defends 3 Stocks Beaten Down In 2016
Thursday, December 8, 2016 - 3:02pm | 454Jerome Dodson of Endeavor Funds spoke with Barron's about three stocks that were beaten down in 2016 and if investors should expect a turnaround in 2017. Gilead Shares of Gilead Sciences, Inc. (NASDAQ: GILD) have lost nearly 30 percent throughout 2016. Dodson pointed out that sales of Gilead's...
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Oppenheimer Visits Whole Foods' New 365 Stores
Tuesday, August 16, 2016 - 2:20pm | 351Whole Foods Market, Inc. (NASDAQ: WFM) has seen its stock decline nearly 8 percent since the start of 2016. The bull versus bear debate has been described by one analyst as "fiercely divided," as the long-term impact of the company's new "365" concept stores are not yet known. Checking In In a...
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Whole Foods Facing Foot-Traffic Headwinds; SunTrust Maintains Buy Rating
Thursday, July 28, 2016 - 4:11pm | 404SunTrust maintains its Buy rating on Whole Foods Market, Inc. (NASDAQ: WFM), despite saying traffic is still a "bigger challenge" for the organic foods retailer. Whole Foods reported $0.37 per share in its third-quarter earnings, in line with the consensus/Street estimates. Same-store sales in the...
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Whole Foods: A Victim Of Its Own Success? Health Trend Has Gone Mainstream
Tuesday, July 26, 2016 - 2:40pm | 396The health conscious trend Whole Foods Market, Inc. (NASDAQ: WFM) helped pioneer may be leading to its downfall. At least that is what Goldman Sachs is saying after downgrading Whole Foods to Sell from its previously held Neutral rating. "Whole Foods is experiencing a competitive barrage, losing...
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Bloomberg Speculates On Encroaching Aldi; But Don't Fret, Whole Foods Investors
Thursday, June 23, 2016 - 8:18am | 255As traders have responded to a recent 15 percent decline in shares of Whole Foods Market, Inc. (NASDAQ: WFM) on the heels of an FDA warning letter, some have been left scrambling for good info on the company. Investors have been passing around a Bloomberg Businessweek article Wednesday: "Whole...
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CNBC's Jane Wells Offers A Glimpse At Whole Foods' New 'Big Gamble' Concept
Wednesday, May 25, 2016 - 12:15pm | 336Whole Foods Market, Inc. (NASDAQ: WFM)'s much anticipated new store concept called "365" was unveiled Wednesday. The company's co-CEO Walter Robb was interviewed by CNBC's Jane Wells, who described the new initiative as being a "big gamble" for the company. Wells noted that the new 365 stores are...
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Time To Sell Whole Foods, 'Headwinds Still Too Numerous To Ignore'
Friday, August 14, 2015 - 10:53am | 315In a report published Thursday, Pivotal Research Group analyst Ajay Jain initiated coverage of Whole Foods Market, Inc. (NASDAQ: WFM) with a Sell rating and $29 price target as the analyst sees no signs of comps stabilizing in the near-term. According to Jain's most recent channel checks,...