News that Turkey had shot down a Russian jet fighter near the Syrian border initially shook the global markets, with shares in the European bourses off by more than 1% in trading yesterday, while our market got off to a weak start after an indecisive Monday on Wall Street. However, when the selling stateside failed to balloon into something much more serious, the early setback in the Dow Jones Industrial Average, which had been almost 110 points, quickly eased. And by the noon hour on the East Coast, that blue chip composite was back in the black, albeit gingerly.
The business outlook at natural and organic foods grocer Whole Foods Market, Inc. (WFM) appears cloudy. However, this could provide a good entry point for value-oriented investors. The question investors should ask is whether management will be able to improve business prospects given the mounting competition in the industry. Another question is whether the stock is a good long-term play. We will address these issues by performing an easy-to-follow SWOT analysis of the company, evaluating its Strengths, Weaknesses, Opportunities, and Threats.
Investors are looking for the Federal Reserve to finally begin raising interest rates when it meets in December, but a lot could happen in the month leading up to the central bank’s next policy meeting.