Natural Grocers By Vita Cottage (NGVC)

[shmolton]

I have been buying since the drop...

...with the intention of holding for long term capital gains. Natural Grocers has been a customer of mine for a year and I have been very impressed with the rate at which they are opening new stores. Their business model seems genius to me...offer organic foods in a small simple store at a significant discount to Whole Foods, which makes organic food more affordable and accessible for for people who can't afford to shop at Whole Foods. The natural/organic food industry will continue to grow and I expect them to continue to grab a larger portion of that market. I had been wanting to own this company but felt it was expensive. This drop, offers a nice long term entry point. They are already one of the few major players in this market and they still have plenty of growth ahead of them. The company has also existed longer than Whole Foods.