Mission Produce Inc T.AVO

Primary Symbol: AVO

Consumer Defensive Farm Products

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 HighGrowthon Sep 12, 2014 12:59pm

192 Views

Post# 22931131

RE:New To SH

I jumped aboard last week as well, picking up 1500 shares and already seeing a 13% gain :)

I have thought about getting in since last year when I first came across this company.

I think a good part of the current upswing are bargain hunters like myself.

In the quarterly figures I was impressed by sales growth rates. The strategy also sounds good to me, and a profit dip due to financing growth is not necessarily a bad thing. I'm surprised by the magnitude of the punishment the SP has received - Something I like when picking up a position!

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