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Thursday, November 3, 2011

Whole Foods Market, Inc. (WFM) Stock Analysis 2012

November 3, 2011 - Shares of Whole Foods Market, Inc. (WFM) are trading between $65-$67 on Thursday after the company reported solid earnings but did not raise their 2012 forecast. WFM stock is being defended by several analysts this morning and they say buy on the weakness.

Whole Foods Market, Inc. (WFM) is a solid company that has shown incredible growth. However, the stock was and still is priced for perfection. In 2012, I expect WFM to run up to $85-$90 at some point. A 35-40% gain is not out of the question from now until November 2012.