Sponsored By:

Top 6 Stocks to Buy for July

These stocks should do well despite near-term market concerns

      View All  

Top Stock to Buy #5 – United Natural Foods (UNFI)

United Natural Foods (NASDAQ:UNFI) is a distributor of natural, organic and specialty foods and non-food products in the United States and Canada. Earnings have increased dramatically over the past four years, and the company is estimated to earn $2.25 in FY 2013 (ended July 31) versus $1.95 in FY 2012.

The stock is technically strong following a break from a cup-and-handle in January and the establishment of a strong bull channel. A golden cross was triggered in February, and in June, it was under heavy accumulation. Our buy under price is $52 with a target of $60. But point-and-figure analysis produces a target of over $80.

07 12 unfi 300x201 Top 6 Stocks to Buy for July
Click to Enlarge

See chart key 


Article printed from InvestorPlace Media, http://investorplace.com/2012/07/top-stocks-to-buy-adp-cci-oke-ttc-unfi-vrtx/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.