Wed, Dec 24, 2014, 7:14 PM EST - U.S. Markets closed early today


% | $
Quotes you view appear here for quick access.

Fresh Del Monte Produce Inc. Message Board

  • yalni07 yalni07 Dec 5, 2007 1:06 PM Flag

    Buy signal triggered

    Yestaday, 10-DMA crossed up over 50-DMA.
    Today, it gapped up.
    Very good strength.
    1-month target: $45

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You may be right about the $45 because in the short run stock prices are irrational, but I think this company is a poor investment. The profit margin is way too thin and the earnings are very erratic. They are subject to many variables, weather, crops, market price gyrations all of which are greater an less predictable than most business. Any shortfall in revenues is devestating to their bottom line. I think a forward PE of 10 is generous for this businesss. I'm speaking as one who owned this stock for a couple of years and decided my money would be better spent somewhere else. I'm open to your contrary opinions if you can make a logical case. WW

32.43+0.33(+1.03%)Dec 24 1:02 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.