Sprouts Farmers (SFM) Just Flashed Golden Cross Signal: Do You Buy?

Group 1 - Sprouts Farmers (SFM) has recently reached a key level of support and overtook the 20-day moving average, indicating a short-term bullish trend [1] - SFM shares have increased by 5.3% over the past four weeks, and the company holds a Zacks Rank 1 (Strong Buy), suggesting potential for continued growth [2] - Positive earnings estimate revisions support the bullish outlook for SFM, with 7 raised estimates and no lowered estimates in the past two months, leading to an increase in the consensus estimate [3]