Core Viewpoint - The article presents an investment strategy focused on deep value opportunities, particularly in stocks that have recently experienced sell-offs due to non-recurrent events, with a preference for insider buying at lower prices [1] Group 1: Investment Strategy - The company employs a contrarian investment style that is highly risky and often involves illiquid options [1] - The investment portfolio is split approximately 50%-50% between shares and call options, with a typical investment timeframe of 3-24 months [1] - Fundamental analysis is utilized to assess the health of companies, their leverage, and to compare financial ratios with sector and industry averages [1] Group 2: Stock Screening Process - The company screens through thousands of stocks, primarily in the US, focusing on those that have undergone recent sell-offs [1] - Professional background checks are conducted on insiders who purchase shares after a sell-off, adding an additional layer of scrutiny [1] - Technical analysis is employed to optimize entry and exit points, using multicolor lines for support and resistance levels on weekly charts [1]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Dole (DOLE) - Dole currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - The stock has shown significant price increases, with a 33.78% rise over the past quarter and a 34.89% increase over the last year, outperforming the S&P 500's gains of 3.93% and 27.48% respectively [7] Price Performance - Over the past week, Dole shares increased by 1.38%, while the Zacks Agriculture - Operations industry rose by 2.32% [6] - The monthly price change for Dole is 5.21%, compared to the industry's 1.49% performance [6] Trading Volume - Dole's average 20-day trading volume is 819,063 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for Dole have been revised upwards, increasing the consensus estimate from $1.15 to $1.21 for the full year [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10]

Group 1: Dole (DOLE) - Dole is a leading producer of fresh bananas and pineapples, with a growing presence in berries, avocados, and organic produce [2] - Dole's stock has increased over 20% year to date, with a low beta ratio of 0.84, indicating lower volatility compared to the broader market [2][3] - The stock is currently priced at $15, with a forward earnings multiple of 13.2X, which is competitive compared to the S&P 500's 22.8X [3] - Annual earnings for Dole are expected to dip by 2% in fiscal 2024 but are projected to rebound by 19% in FY25 to $1.44 per share [4] - Dole offers a 2.01% annual dividend yield, and earnings estimate revisions have increased over 5% in the last 30 days for FY24 and FY25 [4] Group 2: Pilgrim's Pride (PPC) - Pilgrim's Pride is focused on producing value-added chicken products and has emphasized organic offerings, including non-antibiotic products [4] - The stock has surged over 60% year to date, with a beta ratio of 0.82, suggesting it is also less volatile than the market [5] - Pilgrim's stock trades at 9.4X forward earnings, significantly lower than the Zacks Food-Meat Products Industry average of 17.6X [5] - EPS is forecasted to increase by 183% this year to $4.79 per share, compared to $1.69 per share in 2023 [6] - EPS estimates for FY24 and FY25 have increased over 13% in the last 60 days, despite projected flat earnings next year [6] Group 3: Investment Outlook - Consumer food stocks like Dole and Pilgrim's Pride are considered defensive investments, making it a favorable time to buy shares due to increased profitability [8] - Both companies exhibit low beta measurements and attractive P/E valuations, supported by rising earnings estimate revisions [8]

Have you been paying attention to shares of Dole (DOLE) ? Shares have been on the move with the stock up 10.6% over the past month. The stock hit a new 52-week high of $16.3 in the previous session. Dole has gained 32.1% since the start of the year compared to the 9.6% move for the Zacks Consumer Staples sector and the -10.5% return for the Zacks Agriculture - Operations industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our ea ...

Investors interested in Agriculture - Operations stocks are likely familiar with Dole (DOLE) and Limoneira (LMNR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific ...

Dole (DOLE) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Since a changing earnings pictur ...

Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Dole (DOLE) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question. Dole is a member of the Consumer Staples sector. This group includes 184 individual stocks an ...

Have you been paying attention to shares of Dole (DOLE) ? Shares have been on the move with the stock up 11.9% over the past month. The stock hit a new 52-week high of $15.47 in the previous session. Dole has gained 24.3% since the start of the year compared to the 5.7% move for the Zacks Consumer Staples sector and the -11% return for the Zacks Agriculture - Operations industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our ear ...

Key Takeaways Dole beat second-quarter profit and sales estimates, despite a drop in demand in some key markets. The company blamed falling revenue on the negative impact of acquisitions, divestitures, and foreign currency exchange. Dole raised its full-year outlook for adjusted EBITDA, though it was short of forecasts compiled by Visible Alpha. Fruit and vegetable distributor Dole (DOLE) reported second-quarter profit and sales that beat analysts' estimates, despite a drop in demand in some key markets. Th ...

Dole plc (NYSE:DOLE) Q2 2024 Earnings Conference Call August 14, 2024 8:00 AM ET Company Participants James O'Regan - Head of Investor Relations Rory Byrne - CEO & Executive Director Jacinta Devine - CFO & Director Johan Linden - COO & Director Conference Call Participants Adam Samuelson - Goldman Sachs Gary Martin - Davy Operator Welcome to the Dole plc Second Quarter 2024 Earnings Conference Call and Webcast. Today's conference is being broadcast live over the internet and is also being recorded for playb ...