The Fresh Market TFM Weekly - Cheap @ 50% off and turning up ...
I published this chart at the last bottom in TFM and made a nice 13% gain when it lifted off of that low. Now EARNINGS ARE DUE IN 2 DAYS (note the Red "2" in the quote box on your screen) so just pointing out a stock that is 50% off its 52-week high and above its lowest weekly range and sitting on a trendline that could catch a lot of attention (maybe) when earnings are released in a couple of days.
Other high-end grocers are worth watching too, and I have published a chart on WFM in the last week. WFM has a nice base also.
TFM has a chance for a run to the 4-month high there over $35 with reasonable risk given its low valuation and steady gain in sales over the past 5+ years. Revenues are up 50% in the last 3 years in a very steady fashion.
I realize I don't like to step in "ahead" of earnings very often, but this one is tempting.
Tim 10:43AM 31.42 +0.27 last TFM "The Fresh Market"
Other high-end grocers are worth watching too, and I have published a chart on WFM in the last week. WFM has a nice base also.
TFM has a chance for a run to the 4-month high there over $35 with reasonable risk given its low valuation and steady gain in sales over the past 5+ years. Revenues are up 50% in the last 3 years in a very steady fashion.
I realize I don't like to step in "ahead" of earnings very often, but this one is tempting.
Tim 10:43AM 31.42 +0.27 last TFM "The Fresh Market"
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