A portfolio of 8 stock picks from the edge

This post will bring you a recap of some recent news events for stocks in the 8 Stock Portfolio. This will become a regular feature, likely joined by lengthier posts containing commentary surrounding major or notable events. For now, here's the news recap for the week ended August 8, 2008: Whole Foods Market Whole Foods (WFMI) reported third quarter results that were absolutely horrible, along with guidance just as bad, and suspended their dividend. While some took … read on »

Whole Foods Market (WFMI) is an upscale natural and organic supermarket operator also jokingly referred to as "Whole Paycheck Market" and the home of $6 per gallon milk. In obviously tough times, people are prone to cut back on luxurious food and run for the nearest Costco. Counterargument: The company caters to an educated and wealthy customer base less prone to change shopping habits due to a softer economy. The company now trades at only a … read on »