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Valuing SuperValu: Favorable Comparison vs. Peers

 Jul 20, 2008 08:54 PM UTC
Return Risk
-3.47% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
WINN n/a
GAP n/a
KR n/a
SVU Positive 07/20/08 -14.81% 08/25/08
SWY n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

The grocery segment melted down on Friday. The catalyst was Great Atlantic and Pacific Tea Co, (GAP) missing  earnings estimates and seeing its share price plummet 26%. The entire sector sold off in sympathy, with SuperValu (SVU) giving up 11%, Safeway (SWY) and Kroger (KR) dropping 4% and Winn Dixie (WINN) slammed 8%, I think it was another overreaction, and on Monday, cooler heads will  prevail, bringing in bargain hunters to prowl on the sector.

 


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