Why Sprouts Farmers Market Can Be a Great Long-Term Holding
Shares of Sprouts Farmers Market (NASDAQ: SFM) have struggled over the past five years. The stock trades at about $21 per share as of this writing, and investors are still underwater from highs reached in 2016 when shares hit $30. The company isn't a household name in grocery and is underfollowed on Wall Street. However, with a revised business plan that was put in place by a new, experienced management team, it looks like Sprouts has gotten its mojo back.
Here are a few reasons why investors should look to add shares of Sprouts Farmers market to their portfolios.
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Source Fool.com
