This morning I made a list of companies that have had double-digit growth in both sales and earnings and are projected to have that double-digit growth continue. I then ran them against the Barchart technical indicators and Whole Foods Markets (WFMI) came up on top of the list.
Whole Foods Market is the largest purveyor of natural foods in the world. The company owns and operates the country's largest chain of natural food supermarkets. The company is like an old-fashioned neighborhood grocery store, an organic farmer's market, a European bakery, a New York deli, and a modern supermarket all rolled into one. The company also offers a variety of non-perishable natural products on its Web site at wholefoods.com.
If you visit one of the stores, don't expect to find one of those hippy granola bar shops of the 70s or a Pumping Iron protein drink joint. The company offers a lot of high end organic fresh food and even organic wine and beer. If you're going to drink, why not drink without guilt?
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