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Mission Produce Inc T.AVO


Primary Symbol: AVO

Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.


NDAQ:AVO - Post by User

Bullboard Posts
Comment by MikeySwooshon Feb 27, 2015 2:58pm
266 Views
Post# 23473364

RE:Golden Cross Today

RE:Golden Cross TodayTechnically, AVO looks great. Over the past month or so, all the shorter term moving averages have breached the longer term moving averages, and so too has the market price. There's a lot of resistance seen in this area, as it topped out here in June and August, so seeing it breach 25-26 would be really positive, technically, but I wouldn't suggest we pop the champagne based on the technicals here. The fundamentals are gonna dictate where we go in the coming weeks. If AVO reports good numbers and issues "positive guidance" on Tuesday, and the business acquisition report from the patent acquisitions in December are favorable, and Alex can sell the street on the direction of the company with its increasing focus on analytics, and speak to the other recent investments (patents, building on Robson), and perhaps future investments, then AVO could see $30/share without much upside resistance. If the reverse is true, AVO wouldn't see much downside resistance above $20/share. There are a lot of moving parts here, so I'm not sure the technicals hold a lot of value right now...perhaps unfortunately. Longer term and in between significant events (earnings, acquisitions, etc.), the technicals are definitely a good resource in deciding when/if to buy or sell AVO. GLTA 
Bullboard Posts