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

Bullboard Posts

Comment by Canoutchieon Oct 07, 2014 6:46pm

434 Views

Post# 23007911

RE:Back In

I'm back into this stock on today's pullback as well, as the sell-off appears to be overdone.

For what it's worth, I bought AVO this past Spring on the pullback (between $18 and $19), and then sold at $21 after the technicals broke down during the week in August that AVO reported its latest quarterly earnings.... so not quite the gain I was hoping for, but nevertheless, still a gain.

Now I'm hoping for a repeat of the above, where I enter on a day when there's a huge sell-off, only to have a bit of a bounce back when investor's realize that the sell-off is overdone.

For what it;s worth, Imperial Capital initiated coverage on Avigion last week, with an outperform rating and a target price of CAD $25, so we shall see what the future brings!

GLTA

Bullboard Posts

How does sponsorship affect share price?