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SFM Trades Above 50 & 200-Day SMA: How Should Investors Play?
SFMSprouts Farmers Market(SFM) ZACKS·2024-12-16 17:10

Sprouts Farmers Market, Inc. (SFM) ended Friday’s trading session at 147.79,demonstratingstrongupwardmomentumandpricestability.Thestocktradedwellaboveits50and200daysimplemovingaveragesof147.79, demonstrating strong upward momentum and price stability. The stock traded well above its 50 and 200-day simple moving averages of 95.04 and $134.33, respectively. Now, investors must decide how to approach this stock. Should they cash in gains, make fresh investments or maintain their current stake?Sprouts Farmers stock has risen 206% in the past year, outpacing the industry and the S&P 500's growth of 81.8% and 28.6%, respectiv ...