Long Position on SFM @ $102.00 on 8/27/2024 (Fundamentals)

Sprouts Farmers Market, Inc. (SFM), together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States.

It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.

Sprouts Farmers Market, Inc. was founded in 1943 and is headquartered in Phoenix, Arizona.

Entry Point: $102.00

Trading Range: $38.46 - $103.80

Stop Loss: $97.00

Target Price: $112.00

Position closed on 9/16/2024 at price of $107.15 with a 5.05% gain in 20 days.

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