Sunday, September 4, 2016

Recent Purchase - FLO



When the market is trading near its all-time high, it’s difficult to find good deals. Companies that are beaten up are normally where they should be. With the string of bad earnings results and the lawsuit from their truck drivers, Flower Foods (FLO) is certainly beaten up. However, I decided to initiate a new position with FLO. I see some potential in terms of dividend growth, FCF and yield. It's relative risk grade is right at 1.7 - which is below my 2.0 threshold.


Details of my Transaction


Action
Security
Price
Quantity
Amount
Buy
FLO
$15.1
99
1495+fees