The Stock of Avocado Producer Calavo Growers may Have Completed its Bottom Formation - Share Buyback Program and Insider Buying Provide Support!

Calavo Growers specializes in the cultivation of avocados, tomatoes, papayas, and prepared foods such as guacamole and dips. The trade conflict has put significant pressure on the stock in recent months. However, there are some positive developments that could soon drive the stock higher. The company reported a substantial revenue increase of 21% YoY to $154.4 million in the last quarter. The earnings per share were $0.33, significantly above estimates. The rising demand and higher selling prices for avocados likely provided the company with high...