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NEW YORK (TheStreet) -- Shares of WhiteWave Foods Co  (WWAV) were lower by 0.8% to $48.24 in midday trading Friday.

Denver, Colo.-based WhiteWave Foods is a consumer packaged food and beverage company that manufactures, markets, distributes and sells branded products.

The company makes plant-based foods and beverages, including coffee creamers and beverages, dairy products and organic produce.

Insight from TheStreet's Research Team:

Bryan Ashenberg and Bob Lang have identified WhiteWave Foods as the Chart of the Day. Here is what Ashenberg and Lang had to say about the stock's chart:

It's no surprise that many of the food stocks have come down, especially the ones with grocery aisles. Whole Foods (WFM:Nasdaq), Sprouts (SFM:Nasdaq) and The Fresh Market (TFM:Nasdaq) all missed the mark this quarter, yet the suppliers are doing just fine and thriving in an environment of changing consumer tastes.

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WhiteWave (WWAV:NYSE) is one of those name, and by the looks of the chart, it may have more upside to come. After earnings in early May, the stock popped and held the gap, a sign of strength. After a brief consolidation, we saw it bolt higher on Wednesday on huge volume (circled).

The stock is now overbought, and as we see on the %R, it can stay that way for awhile. The Relative Strength Index is showing tremendous strength.

The Street's Jim Cramer recently penned a bullish argument for the stock. WWAV is a holding of Cramer's charitable trust, Action Alerts PLUS.

- Bryan Ashenberg and Bob Lang, "Chart of the Day: WWAV," originally published 5/29/15 on

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Separately, TheStreet Ratings team rates WHITEWAVE FOODS CO as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate WHITEWAVE FOODS CO (WWAV) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and solid stock price performance. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

You can view the full analysis from the report here: WWAV Ratings Report