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Strategies & Market Trends : Value Investing

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Lance Bredvold
To: Madharry who wrote (72493)3/8/2023 11:22:34 PM
From: Ccube1 Recommendation  Read Replies (1) of 78953
 
Well I had GTC order on UNFI at 30 or something got hit at the open at 27.95 so I’m in.
It’s making 52 week lows
I think there is definitely a margin squeeze. With wages.
Normally you would be lucky if you got one raise per year at my company. Last year we gave out raises every 3 months or so just to keep the current employees from bolting to other hotels because of the pay.
I think it might be slowing down now a bit but it was crazy how fast wages were going up. (Which is good for employees) Not so much for the company unless they can pass that cost to consumers.
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