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

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Comment by abolduc3106on May 11, 2014 2:27pm

450 Views

Post# 22548877

RE:$16.00 Target

@bankerboy28 and factsfinder - You guys are hilarious.

RSI on AVO has been in oversold territory the past 3 days. If 22 is way oversold for a commodity tracking stock like Yamana Gold, what's different here?

Might be smart to compare AVO to its industry peers rather than to other companies that have absolutely nothing to do with them.

This company is at the top of its heap, they've proven it over and over with their results, and there's no reason to believe they won't continue on that trend.

The only reason it's down is because of all the spec around the CFO's recent departure. Once the market gets over that and realizes it's a non-event, and I'd say we're mostly there, it's coming back with a roar.

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