Opinions
Brian Huen
United Natural Foods
UNFI-Q
COMMENT
Jul 11, 2014
$64.000
Stock price when the opinion was issued
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Secularly this is in the right space. Everybody is looking for healthier, more organic, more natural foods that are better for you. He’s a huge proponent of that, but this is trading at a massive multiple. In the next leg of a rally, you are going to have to see some M&A happen with some traditional players such as Kraft (KRFT-Q) and Kellogg (K-N) looking to expand, making acquisitions.