Whole Foods Markets (WFM)

[Nebuchadnezzar]

all i know is it aint at $50 anymore

great company no doubt and the food prices aint cheap, but the stock is starting to get "cheap"

lot of competition in food business + food prices going higher and that is being passed to consumer also, OIL PRICES will start affecting consumer spending if they havent already, not to mention all the other micro and macro problems domestically.

WFM could end up trading around $29-$33 by next earnings if economy is still limping along, lets not forget, market is due for a real correction eventually and very few stocks will be able to dodge that bullet.

$40-42 hold
$36-39 is a buy

$35 and under is strong buy!!!