Long Position on POST @ $63.00 on 10/27/2015 (Momentum)

Upward Trading Channel on POSTPost Holdings, Inc. (POST) manufactures, markets, and sells refrigerated, active nutrition, and private label food products in the United States and Canada.

The company operates through five segments: Post Foods, Michael Foods, Active Nutrition, Private Brands, and Attune Foods.

It offers egg products, refrigerated potato products, and cheese and other dairy case products; branded and private label natural and organic cereals, granola, and snacks; dry pasta, peanut butter and other nut butters, dried fruits, and baking and snacking nuts; and high protein shakes, bars, and powders, as well as nutritional supplements.

The company offers its products primarily under the brand names of Post, Honey Bunches of Oats, Post Selects, Great Grains, Spoon Size Shredded Wheat, Oh's, Grape-Nuts and Honeycomb, Papetti’s, All Whites, Better’n Eggs, Easy Eggs, Table Ready, Abbotsford Farms, Simply Potatoes, Crystal Farms, Premier Protein, Joint Juice, Dymatize, Supreme Protein, PowerBar, Musashi, Attune, Uncle Sam, Erewhon, Peace Cereal, Sweet Home Farm, and Pebbles.

Post Holdings, Inc. sells its products directly and through broker organizations primarily to grocery, mass merchandise, supercenters, club store, and drug store customers, as well as to military, Internet, and food service channels.

Shares are heading higher in an "upward trading channel."  Shares jumped recently after its Japan Unit filed for an initial public offering. The IPO was oversubscribed and priced at the high range of the price range. Higher share prices are expected for this stock.

 

52-Weeks Trading Range: $35.00 - $71.27

Entry Point: $63.00

Stop Loss: $59.85

Target Price: $69.30

Updates

11/25/2015 9:50:59 AM

POST closed at $69.89.

Position closed on 11/25/2015 at price of $69.89 with a 10.94% gain in 29 days.

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