Mission ProduceNASDAQ: AVO

Mission Produce (AVO) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Mission Produce (AVO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Mission Produce (AVO) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Rich in antioxidants like Omega 3, magnesium, potassium, fiber, and lutein, as well as nutrients, including vitamins A through E and K, the avocado is a superfood (and a fruit). Last year, the United States imported a new record of 2.8 billion pounds of avocados from Mexico, the world's largest supplier.

Though it didn't sell as many avocados in fiscal Q3 as it did a year ago, it more than made up for it with higher prices. Management expects prices to come back down somewhat in the current quarter, but to remain above prior-year levels.

Mission Produce, Inc. (NASDAQ:AVO ) Q3 2024 Earnings Conference Call September 9, 2024 5:30 PM ET Company Participants Jeff Sonnek - Investor Relations, ICR Stephen Barnard - Chief Executive Officer Bryan Giles - Chief Financial Officer John Pawlowski - President and Chief Operating Officer Conference Call Participants Ben Klieve - Lake Street Capital Markets Gerry Sweeney - ROTH Capital Partners Operator Greetings and welcome to the Mission Produce Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Shares of Mission Produce gained after the company posted higher revenue and profit in its fiscal third quarter.

Year-to-date momentum continues with ongoing strength of the Marketing & Distribution segment Operating cash flow for the first nine months of fiscal 2024 increased by $62.7 million versus the prior year period OXNARD, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal third quarter ended July 31, 2024.

Austin, TX, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces the launch of AVO a new direct-to-consumer (DTC) brand ( https://shopavo.la/ ). As other premium brands have increased retail prices due to inflation, the Company believes an opportunity has opened to deliver premium apparel at lower prices by pursuing a DTC model that also provides significant discounts for bundling multiple products. This new model creates a value proposition in the premium segment, similar to how fast fashion created a value proposition in the mass market segment.