$PFGC Performance Food Opportunity
Updated
Performance Food Group has been operating since 1885 and sells more than 150,000 food products through a variety of channels including directly to restaurants, making them a very stable company. On top of that in the last 2 years revenue has grown 50% and the stock price hasn't kept up, making for a good long opportunity. Technically speaking, price is considerably below the lower Buy Sell Band, with a RSI of 16 and more than 15% below it's 50 day MA which make for a good risk/reward long entry play here. Range indicators show price is non-trending, another great long opportunity to be had today.
Comment
Currently up 5.77% from yesterday, keep holding until we hit the 50 day MA.Comment
The profit target has been hit.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.