Chris Versace, portfolio manager of TheStreet’s Growth Seeker Fund, has added stock of United Natural Foods (UNFI) to the bullpen. A bullpen stock is one that Versace favors, but is not yet ready to add to the portfolio. United Natural Foods makes and distributes natural and organic foods. Versace said the company has a track record of growing its top line revenue and is in a new distribution agreement with Whole Foods (WFM). Versace said the company has the potential to acquire smaller competitors, and an entry point for the stock would be $40 or below. Another bullpen stock is chip maker Cavium (CAVM), which is a play on the growing use of internet data.
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