Wednesday, The Bowser Report issued a daily mover alert on Where Food Comes From (WFCF), which gained more than 10% for the day.
WFCF has been on a downtrend lately, as earnings have remained inconsistent despite continued revenue growth. Today’s move is a bounce after WFCF dropped $0.20 per share yesterday.
Avoid WFCF unless you already have a position, although you may keep it on your watch list. WFCF has a Bowser Rating of 7, pitting it in Category 3 and making it “un-buyable” (must be 8 or higher to consider buyable using the Bowser Game Plan).
Those with shares of WFCF continue following the Game Plan. Earnings are expected in the third week of February.
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