Follow @stockstobuy
On Friday, I bought The Fresh Market (TFM) stock in my long term account. The Fresh Market is a smaller version of Whole Foods (WFM) but sells a higher percentage of perishable items vs non-perishable items. The whole health crazy gripping the nation is in The Fresh Market's favor.
I started a position last week at $41.30 and plan to add more below $40 if the company misses earnings in a few weeks. The last big stock long term stock I bought besides Apple (AAPL) was Chipotle Mexican Grill (CMG) between $260-$275. I took profits around $300.
I'm looking to sell TFM above $45 but if the company reports solid earnings and strong guidance, I will hold out for bigger gains.
Also see - Top Stocks 2013 - Top Stock Gainers 2013
