Adler might be right. But while I understand Whole Foods' current price-to-earnings ratio of 23 is not as impressive as some other growth stocks, I'm still stuck on the darn stock.
And as I think out loud here, I have to say it's got equally, if not a bit more, to do with my belief in the green revolution, as it does with the company's growth prospects. I view Whole Foods as a buy-and-hold pick that makes me feel like I'm doing something deliberately eco-friendly -- a proud attempt to mix business with conscious. What Do You Think? Whether to invest in Whole Foods opens up a forum of discussion and debate, which I'm more than happy to moderate. Please send me your thoughts on whether the stock can hold up to its promise to shareholders and whether the organic trend in this country can support Whole Foods' relatively high product prices. With margins so low in the grocery world, what other grocery stocks are poised to outperform Whole Foods? Or, what better 52-week low stocks are worth investing $1,000 in? Finally, is Whole Foods really a value stock?- Loading Comments...
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