iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

An Attractive Potential Takeover Target

The following is just a small excerpt from my latest Weekly Strategy Session (please click on that hyperlink for details about trying it out). which I published for members and 12631 subscribers this past Sunday.

At this stage in the bull market we continue to see a relative uptick in mergers and acquisitions. 

A firm such as The WhiteWave Foods Company is not only impressive in terms of their product lines, focusing on almond, soy, and coconut milk and creamers, but the technicals for the stock’s chart are also stout.

On the weekly timeframe, note the strong, steady uptrend which could easily be poised to break higher yet.

Keep this one on your radar for both a technical long, as well as a viable buyout candidate by a larger food company looking to diversify into growing, healthier foods.

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