Keep An Eye on Whole Foods
Whole Foods has taken a bit of a dip over the last couple of months due to the economy but once the market and the economy start to rebound Whole Foods won't be very far behind. Whole Foods was already underpriced before the latest dip due to the effects of their acquisition of Wild Oats on their balance sheet. Now is a great time to enter a position into this stock, as long as you're willing to wait a year or two to reap the rewards.
Whole Foods will especially be hit during this economy because of the many shoppers that will have to watch their wallets and head to the normal supermarkets. The wealthy won't change their shopping habits because, well, they are wealthy. This will keep Whole Foods from increasing in value for at least the next couple of quarters. The Wild Oats acquisition will benefit the company over the long term, especially in the markets where they were once their primary competition.
The stock is definitely underpriced in a long term investment strategy but I wouldn't make a purchase if you're looking for a speedy return. Now is a great time to put a position on the table and play the waiting game and keep an eye on when this stock starts to creep up from it's current levels, you won't be disappointed.