4-Star Stocks Poised to Pop: Dole Food
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, fruits and vegetables grower Dole Food (NYS: DOLE) has earned a respected four-star ranking.
With that in mind, let's take a closer look at Dole's business and see what CAPS investors are saying about the stock right now.
|Headquarters (founded)||Westlake Village, Calif. (1951)|
|Market Cap||$824.1 million|
|Trailing-12-Month Revenue||$7.2 billion|
|Management||CEO David DeLorenzo (since 2007)|
CFO Joseph Tesoriero (since 2004)
|Return on Equity (average, past 3 years)||0.3%|
|Cash/Debt||$105.7 million / $1.7 billion|
|Competitors||Chiquita Brands International|
Source: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 93% of the 85 members who have rated Dole believe the stock will outperform the S&P 500 going forward.
I'm sick of waiting on buying stocks that experience pops as a result of good news here in CAPS only to miss the boat as they skyrocket even further over the next several months. I did this with El Paso, I did this with Barnes & Noble, and on... Not this time, Dole is initiating a strategic review of its operations that may result in its spinning off portions of its business and selling off unused land. Let's see if it actually happens and if so whether it eventually causes the stock to soar higher than [Friday's] 7.7% pop.
If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite a strong four-star rating, Dole may not be your top choice.
We've found another stock we are incredibly excited about -- excited enough to dub it "The Motley Fool's Top Stock for 2012." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.
Want to see how well (or not so well) the stocks in this series are performing? Follow the newTrackPoisedToCAPS account.
At the time this article was published Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Try any of our Foolish newsletter services free for 30 days.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.