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WFMI surges past 500% Profit!

posted Feb 13, 2011, 6:22 PM by Mohit Kumar
Howdy!!

It was in early 2009, when we recommended WFMI. The stock was under tremendous selling pressure with 7 analysts stamping it with a Sell Recommendation!

However, we were confident and invested in the core strength of the business, overlooking the short term concerns. Today, we are sitting on a profit of over 500% as our strategy of patiently investing in undervalued businesses worked perfect! It posted a 59% increase in December fiscal first quarter profit to 51 cents a share. This marked an EPS increase of more than 25% in 5 of the last 6 quarters. Sales grew 14% to $3 billion!!

Heartiest Congratulations to all members as this is a huge win for us and reaffirms the strength of our investing strategy !

Finally, a quick glance at how we thumped the S&P with this killer pick over last 2 years!

wfmi1.bmp
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