Need to Know: Meet ‘green gold’ — and the stock for betting on it [MarketWatch]
Meta Platforms, Inc. - Class A (FB)
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Source: MarketWatch
Meet ‘green gold’ — and the stock for betting on it The Dow is working on getting comfortable back above the 25,000 mark, as lots of people scratch their heads over North Korea, Iran and the Cavs-Celtics series. In these topsy-turvy times, at least there are still some constants, such as millennials’ love for avocados . And if you take that indisputable fact , mash it up and add a few spices, then you can produce a delicious chart of the day . It’s a StockTwits duo that is serving up the chart — the social network’s co-founder, Howard Lindzon, and user Matthew Timpane. Former portfolio manager Timpane, aka OffbeatOperator, dished out the illustration below for Calavo Growers CVGW, +3.63% back when the avocado producer’s stock was around $95. It’s now at $97. Lindzon has highlighted the chart overnight and given the trade a name — Avocados are “green gold,” he says . Calavo’s momentum and relative strength are fading a bit, but it’s “still in an uptrend,” Timpane says. The company i
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