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Whole Foods Market Retains Investment Attractiveness As It Looks To Put Customers First

Whole Foods Market, Inc. (NASDAQ:WFM) is one of the top-line super markets in the grocery retail sector. WFM owns more than 400 stores and has diversity in natural and organic products. I am bullish on the company's outlook because of its several initiatives to improve customers' experience and reduce costs. Furthermore, the company is actively running a promotional campaign, the "value matters campaign", to highlight its quality products and core ethical values. In addition, the company is expanding and remodeling its stores to boost sales growth. It is significantly undervalued based on my price target calculated through the multiples of P/E and…