May 14, 2021, 10:09 am EDT
Food Distribution (UNFI)
United Natural Foods Inc (UNFI) is the largest publicly traded wholesale distributor delivering healthier food options to people throughout the United States and Canada.
COVID-19 stirs up the demand for both natural foods and food distribution because people care more about healthy bodies and work-from-home conditions.
Sometimes, people thought food-related industries are slow growth in terms of stock performance. But, UNFI may surprise you with more than +100% price gains (from 16 to 37) in 2021 or less than 6 months. It is one of the strongest stocks in the stock markets.
Its convergence pattern provides an ideal entry point at 37 and the sell-stop can be set at 34.