Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Packaged Foods

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

Mission Produce Inc > Profits are back

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Comment by StevieCohenon Nov 15, 2016 12:58pm

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Post# 25463530

RE:RE:RE:Profits are back

Thanks lol. If it was any other stock I'd be surprised of a +40% gain, but avo tanked 30% on what was a vastly different quarter a few months ago... and he deffinitely played down his expectations for the 3rd Q too. I think alot of investors may see this finally as the inflection point after 3 long years. Maybe some funds might start picking this up again in the near future, breaking through $11 last q was worrying but it seems investable for them now I think. They may wait a Q but q4 is usually seasonally strong for them anyways...I got to go study stats...fml.

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