UNFI is just a distributor. Margins are razor thin like at the supermarket level. HAIN and WWAV make the products that UNFI distributes. The profit margins on the products are much more higher than a distributor like UNFI. So your comparison is wrong as you are comparing a distributor to a manufacturer. Gets you facts straight. That's why HAIN and WWAV have high valuations and UNFI doesn't. They are pure plays in healthy eating and consumers are paying up. HAIN and WWAV are pure plays and valuations will remain high because they continue to have the growth and possible buyout candidates from the food companies (not distributors) who do not have the healthy products like CPB, K, CAG, GIS, HRL, etc. The slower growing and even declining food manufactures are ALL scrambling to re-invent themselves and/or acquire these healthy food manufacturers. HRL recently bought privately held Applegate foods as they realize SPAM Ham is not the healthiest food even though back in WWII times, SPAM was food to our soldiers. CPB just bought out Garden Fresh a manufacturer of Salsa for 231MM USD.
So, while HAIN is up a lot, there is many good reasons. HAIN doesn't go up in a straight line, it occasionally sells off on profit taking which is the PRUDENT thing to do. BULLS and BEARS Make money, PIGS get slaughtered. HAIN is currently up more than it should be on a BAC/MER Upgrade and will likely pullback barring any takeover announcement. HAIN Can sell off about 2-3 points to support and new buyers of the stock will come in or existing shareholders will buy more HAIN.
Overall, HAIN is in a long term uptrend as the trend to eat healthier remains unabated. If the growth declines or the stock breaks below its long term moving average, that's when you need to sell HAIN. Otherwise, it makes sense to continue to own HAIN on any pullback.
Sentiment: Strong Buy
HAIN is up huge this week because of the BAC/MER recommendation. It may pullback a few points next week on Greek news, but it would be yet another buying opportunity.
I owned KR for a while, but sold it yesterday. The supermarket space it highly competitive with razor thin margins. Not something I want for long term. I am sticking with HAIN and WWAV. Right now HAIN is overbought. I wouldn't chase it up here, but I will buy the next pullback.
"Kroger reported (yesterday) strong fiscal first-quarter earnings Thursday and raised its same-store sales outlook, helped by strong demand for its organic and natural food offerings.
This is why I remain long HAIN; increasing number of outlets selling HAIN products.
Welcome! to posting on Yahoo Finance; I see you are new.
(surely you're not the type that frequently changes the "name" you post under, right?)
You do realize that this stock is up like 5% in two days don't you? I don't get the further decline pending comment?
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HAIN will not tumble 30% from this level. You should have a contest for this stock to bubble up 30%. And if its a contest, you are not offering any prize when you win. What are you winning? Bragging rights? That's stupid. There is no incentive to play if there is no prize. Your an IDIOT NTACK5.
BAC/MER is making the stock break out from a short term base. Hopefully the Greek fiasco is a small non-event, and HAIN can continue to move higher from this cup/handle breakout which looks very classic for a bullish move higher. It's still cheaper than WWAV and I rather HAIN just grow organically. Although news in the last month regarding private organic companies are being taken over quickly. Hormel buying Applegate foods and CPB buying out Salsa maker Fresh Gardens. It is just a matter of time for HAIN. I hope its later so that HAIN can grow more organically.
I have owned HAIN for a long time now and been with BAC/Mer for 19 years. So glad they are finally seeing what I saw in this company a long time ago. Better late then never right?
Organic food purveyor Hain Celestial Group (HAIN), was added to Bank of America/Merrill Lynch's US1 List, which is a collection of the company's top investment ideas.
Hain shares are up 3.8% on the news and have now climbed an astounding 45% over the past 12 months