Mission Produce Stock Rises 31% in 2024: Still a Buy for 2025?

Shares of Mission Produce, Inc. (AVO) have rallied 30.8% so far in 2024, marking significant growth against the agriculture operations industry’s decline of 7.9%. The stock has also outperformed the Consumer Staples sector and the S&P 500’s rise of 4.3% and 27.7%, respectively, year to date.The AVO stock has also shown remarkable growth compared with its industry peers like Corteva (CTVA) and Limoneira Co.’s (LMNR) gains of 23% and 29.7%, respectively, in the year-to-date period. Additionally, the company h ...