Get Some of Those Healthy Eats

I have been profiling the major but tedious bearish to bullish reversal in shares of Smart Balance, Inc., the Paramus, New Jersey maker of healthy food products over the past two years. After their earnings report today, profits fell. However, the stock is up over 12% at the time of this writing, and the reaction of the market is what matters most to any data point, macro or micro.

I still believe this is a major bearish to bullish reversal, as profiled first here in 2011, and then updated this June here.

The market is not offering up much here in terms of sustained breakout plays. However, if and when that changes Smart Balance is at the very top of my buy list given its impressive strength.

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