WFMI now has a P/E of 21, compared to 35 for OATS. Hopefully, WFMI will quickly get back on track.
Unfortunately, my natural stocks haven't kept up with my tech stocks, which are now the vast majority of my account.
I plan to hang on to my health stocks (UNFI, OATS, WFMI, NTOL and TWLB). Maybe it's sheer stubborness and stupidity, but I still feel the health megatrend has years left.
The question is, are these companies smart enough to exploit this long-term opportunity, or will the big boyz come in (this is already starting to happen in the vitamin/herbal industry and I think consolidation is inevitable).
Maybe the way we're going to make some money is when these health companies get bought out. If they can't get their acts together, that's what will happen. WFMI needs to monitor and adjust their expenses on a continuous basis, who's in control there? Don't they have the information systems so they know what the hell is going on?
Anyway, it doesnt make sense to sell now, at half its 52 week high. When it gets back up near fifty bucks, I may be tempted. |
