I love Flowers bread but the valuations are stretched. Here is my best pick for today.
RAD just voted the great American turn around story. RAD was left for BK at .93back in Dec. 2012. Now MGT has strung together many strong beats. RAD back to school is one of there strongest seasons. These quarters are there strongest sales cycles and most profitable. As RAD beats SSS figures and beats earnings the stock price will continue upward. Price target Dec. 2013 $ 5.50 and Dec 2014 $ 8 Better YOY Earning support these targets and still label RAD very undervalued. earning target Feb 2013 .13 Actual Feb 2014 .18 est.and Feb 2015 .26 est. Remember second half of the year RAD does better. Back to school, Halloween, Thanksgiving,Christmas Shorts are many yr lows 27mil. Institutional holding multi yr. High 57%this will continue.RAD valuations and projections of profits make it a great buy out target. The price targets I've lay out are based on profits from analyst est. Study the past earnings track record from the analyst and you will find the analyst have been on avg. 40% off on the low side. As mentioned above RAD investors could see the short term price target of $ 5.50 before Dec 2013 and $ 8 before Dec. 2014. Another fact to support this is the Point and Figure chart with a price target of $ 8.50
Man, I saw all this RAD pumping on the FDO board. Get another pony. Go to charts, check their splits from 1990 to today. You will find splits of 3:2 more than you would have imagined, about every 2 or 3 years. Look at price now and when they last split. How long ago was that? Look it up. I have had FLO since early 1990s. It is amazing how boring stocks can appreciate with excellent management. Rad? RiteAidDrugstore. This post by micky is SPAM.
Normally this would be a problem: however, wheat prices have fallen over 33% in the last 52 weeks and other commodities used in production (natural gas) and packaging (plastics) are also low. They also just started to roll out the Wonder brands. Almost all commodity prices are lower which generally signals a long term economic boom as in the early 1950's and early 1980's. Flowers is in thew sweet spot.