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Whole Foods, poised for better things

organic gala applesWhole Foods Market, Inc. (NASDAQ:WFMI) was reinstated as outperform on 11-10-06. This stock is very attractive to me based on the things I've read about it. If the analyst's assertions are true, and WFMI's stock lost value based on a simple change in management focus from business operations to maintaining share price, then what should be happening in timely fashion will be a moderated climb back up to WFMI's fair market value. Salim Haji, an excellent writer over at The Motley Fool, offers the opinion that this stock has an intrinsic value in the $50 to $60 range.

With additional consideration of the fact that WFMI is undertaking a strategic stock buy back program, if I was looking for some fun places to play with some funds, this would be one of them. It is my opinion that this stock deserves some close attention right now. I think it is headed back up. One other thing I take into consideration about this situation is the possibility that Wal-Mart is going to fall flat on its corporate face with its "organic" food roll out. If that happens, (and I think it will), then Whole Foods Market will add even a bit more sparkle to my eye!

You can learn more about organic foods at About Organics.

eBay investment in Meetup confuses some stock watchers (but not me)

As a longtime user of both eBay and social software, they seem a logical pair to me. eBay is, after all, known for its vibrant community and the fact that people do trust each other with vital details like their home addresses! (Not to mention, their cash.) Alyce Lomax of the Motley Fool, though, is a bit shocked that eBay would pony up its own cash to invest in Meetup, where people (yikes!) decide to meet first online, and second in person.

Perhaps I'm a bit taken aback only because the vast majority of my current friends would only be imaginary if it weren't for social networking online through blogs, craigslist, and (yes, even) eBay. I'm personally offended by Lomax's opinion that a $2 million investment in Meetup might, somehow, connect eBay with the unsavory underbelly of the net.

Not so! eBay and Meetup are a logical match; both have staked their life on the fact that people, deep down, are worth trusting no matter where you met them. And what better place to find people who share your love of Barbie dolls (new in box) or Lensbabies or your stay-at-home mom lifestyle than eBay and Meetup?

Symbol Lookup
IndexesChangePrice
DJIA+85.6712,886.90
NASDAQ+29.192,933.07
S&P 500+9.831,352.47

Last updated: February 13, 2012: 03:07 PM

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