If imitation is the sincerest form of flattery, Natural Grocers (NGVC) (also known by its full name of Natural Grocers by Vitamin Cottage) is paying some big compliments to Whole Foods (WFM), The Fresh Market (TFM), Trader Joe's and Sprouts.
The company is pursuing a growth strategy in the organic/natural food
retailing sector that seems to be taking some of the best ideas of these
larger chains and coupling them with an even tighter focus on the
hard-core healthy eating community. While these shares have had a big
run in 2013 and sport pretty robust valuation multiples, it may be hasty
to assume that the stock is overpriced today on a long-term basis.
Please read the full article at Seeking Alpha:
Natural Grocers Boldly Going Where Others Have Gone Before
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