Rebound Prediction Proves Accurate:
Whole Foods Up +92.8%
What's next? Read on...
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StreetAuthority's Andy Obermueller enjoys a grilled
turkey wrap after a "research trip" to Whole Foods
in Austin, Texas, where the organic grocer is based.
Obermueller identified the firm as his top rebound
pick in November before it went on a +92.8% run. |
Andy Obermueller may
not have a crystal ball, but whoever read his November 24th issue of
Investor Update would beg to differ.
That's because while most investors were scared stiff
of the massive sell off, Obermueller was busy uncovering profit
opportunities from the market rubble.
And the top pick he predicted to rebound the fastest
was organic grocer Whole Foods.
At that time, the firm's shares were beaten down -77%
and trading at a mere 11 times earnings.
Most investors wouldn't touch that company with a
ten-foot pole...
But Obermueller grabbed hold for these three reasons:
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The firm had just received
a $425 million equity injection that would fuel its
expansion despite the economic downturn. |
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The company commands the
leading market position in an area that is booming in
popularity, and . . . |
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Slumps sharpen companies'
focus. Founder and CEO John Mackey will lead an expansion
during a recession and his company will emerge ready to make
serious profits. |
Anyone who paid attention to Obermueller's prescient
prediction is sitting on a sweet +92.8% gain with Whole Foods (as of
4/24/09).
That's not a bad run considering the Dow has lost
another -5.8% in the same period. This is the kind of investment
intelligence that propels profits in miserable markets.
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By the way, don't think Whole Foods was a one-hit
wonder for Obermueller...
On January 19th he predicted a drastic run-up in the
price of oil. Oil closed at an anemic $38.74 the day after his
prediction. Now, it's around a $47 -- a gain of +21% -- and Obermueller says
crude is headed even higher.
Andy Obermueller's
recent predictions in
Investor Update have defied gravity while the rest of the market has
continued to sink. He might as well have stood on the corner and given away
$100 bills! You could be receiving this enriching advice in your
in-box absolutely free. Get ready for his next prediction -- it could come
at any moment, in any issue of Investor Update!
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